... factors for the ruble are the seasonal increase in demand for foreign currency in summer and persistent geopolitical risks that heighten interest in savings in stable currencies. At the same time, the ruble is supported by high oil prices, Ministry of Finance currency sales under the budget rule, as well as the elevated key interest rate set by the Bank of Russia (18% annually), which makes ruble-denominated assets attractive. The balance of these factors indicates that sharp fluctuations in the currency ...

... revenue has already approached ~70% of pre-crisis levels). If Melco reports EBITDA margins comparable to pre-pandemic levels and positive free cash flow, this will be a strong argument in favor of further growth of the operator's shares. Mastercard (Finance/Payments): One of the two largest global payment systems will report strong results for Q2, reflecting continued growth trends in cashless payments. Consensus forecasts suggest a revenue boost of ~14% year-on-year, reaching ~$8 billion, and an ...