... impact the currency market, especially the yen exchange rate. China: Consumer Price Index (November) (04:30 MSK) Inflation indicator for the world's largest economy. The results will help understand domestic demand and inflationary pressures, which is important for commodity markets and Asian stock indices. US: Annual Consumer Inflation Expectations (November) (19:00 MSK) The New York Federal Reserve Bank report will show how the population assesses future inflation rates. This affects expectations ...

... meters per day. However, total LNG supplies to the EU slightly decreased in early July compared to June (around 370 million cubic meters per day vs. 404 million cubic meters per day previously) as some shipments were redirected to Asia. Nonetheless, key importers – both major European countries and Turkey – continue to receive significant volumes of LNG from the US, Qatar, and other sources. Norway, remaining the largest supplier of pipeline gas to the EU, also maintains high export levels (over ...

... along with a reduction in their export, diminished the inflow of foreign currency into Russia. Monetary Policy The Central Bank maintains the key interest rate at 21%, which curtails economic activity but does not stop capital outflows. Increase in Imports The gradual recovery of demand for imported goods increased the need for foreign currency, putting additional pressure on the ruble. Forecasts for 2025 Reuters Forecasts the dollar exchange rate to be between 100 and 108 rubles by the end of 2025....

... estimates, global oil demand is expected to increase by only 1.3 million b/d in 2025, lower than the rates of 2024. Additionally, the IMF forecasts a slowdown in the global economy, including a GDP growth rate of about ~4% for China (the largest oil importer) in 2025. However, on the supply side, increases are not happening as rapidly as expected. OPEC+ countries are restoring production more slowly than the announced schedule: instead of the planned +960 thousand b/d in the second quarter, about ...

... other sectors of the energy industry as of August 1, 2025. Oil Market: Brent Remains Above $72, Demand and Risks Support Prices Oil prices are holding at recent highs, with North Sea Brent trading around a multi-week peak, exceeding the psychologically important level of $72 per barrel. American WTI is hovering around $69. The pricing uptick is fueled by several factors: U.S. Trade De-escalation with Partners. The framework agreement between Washington and Brussels has helped avoid an escalation of ...