⚠️🇷🇺📉 PIK — Delisting
With PIK's departure from the exchange, the stock market will lose an important benchmark. "PIK served for many years as a kind of indicator of the entire housing market's health — analysts and investors used its reporting to track sales dynamics, prices, and delivery volumes. With PIK's exit, assessing the state of the construction sector as a whole will become more difficult. The departure of the largest developer may reduce the appeal of Russian developers for long-term investment. Other developers could follow PIK's lead." — analysts
With PIK's departure from the exchange, the stock market will lose an important benchmark. "PIK served for many years as a kind of indicator of the entire housing market's health — analysts and investors used its reporting to track sales dynamics, prices, and delivery volumes. With PIK's exit, assessing the state of the construction sector as a whole will become more difficult. The departure of the largest developer may reduce the appeal of Russian developers for long-term investment. Other developers could follow PIK's lead." — analysts
🔥🛢️🇮🇷 Iran has ordered a temporary suspension of the 10% levy on foreign vessels transporting energy cargo to or from Iran — Fars News
⚠️🇷🇺 RUSSIAN BUSINESS PRICE EXPECTATIONS RISE FOR THIRD CONSECUTIVE MONTH IN SEPTEMBER — CBR SURVEY
❗️🛢️ OPEC Monthly Oil Market Report:
OPEC LOWERED ITS 2026 GLOBAL OIL DEMAND GROWTH FORECAST TO 380,000 BPD FROM A PREVIOUS ESTIMATE OF 580,000 BPD.
OPEC RAISED ITS 2027 GLOBAL OIL DEMAND GROWTH FORECAST TO 2.36 MILLION BPD FROM A PREVIOUS ESTIMATE OF 2.16 MILLION BPD.
OPEC+ COUNTRIES INCREASED OIL OUTPUT BY 629,000 BPD IN AUGUST.
RUSSIA CUT OIL OUTPUT BY 160,000 BPD IN AUGUST, TO 8.718 MILLION BPD.
OPEC LOWERED ITS 2026 GLOBAL OIL DEMAND GROWTH FORECAST TO 380,000 BPD FROM A PREVIOUS ESTIMATE OF 580,000 BPD.
OPEC RAISED ITS 2027 GLOBAL OIL DEMAND GROWTH FORECAST TO 2.36 MILLION BPD FROM A PREVIOUS ESTIMATE OF 2.16 MILLION BPD.
OPEC+ COUNTRIES INCREASED OIL OUTPUT BY 629,000 BPD IN AUGUST.
RUSSIA CUT OIL OUTPUT BY 160,000 BPD IN AUGUST, TO 8.718 MILLION BPD.
❗️🇷🇺🇨🇳 PUTIN AND XI JINPING AGREED TO HOLD SUBSTANTIVE TALKS IN NOVEMBER ON THE SIDELINES OF THE APEC SUMMIT — USHAKOV
🛢️📉 BRENT > $104
WTI > $98
SAUDI ARABIA TOLD OPEC THAT OIL PRODUCTION FELL TO THE LOWEST LEVEL SINCE 1990.
WTI > $98
SAUDI ARABIA TOLD OPEC THAT OIL PRODUCTION FELL TO THE LOWEST LEVEL SINCE 1990.
🔥🇪🇺 EUROZONE — ECB RATE = 2.65% (exp. 2.65% / prev. 2.4%)
Deposit Facility Rate = 2.5% (prev. 2.25%)
ECB Marginal Lending Facility = 2.80% (prev. 2.65%)
ECB raised its 2027 inflation forecasts
ECB: inflation will remain above the 2% target for an "extended period"
ECB will act based on incoming data
Deposit Facility Rate = 2.5% (prev. 2.25%)
ECB Marginal Lending Facility = 2.80% (prev. 2.65%)
ECB raised its 2027 inflation forecasts
ECB: inflation will remain above the 2% target for an "extended period"
ECB will act based on incoming data
🛢️🇷🇺 Russia is increasing supplies of oil, gas, and coal to APEC countries — Tsivilev, TASS
🇷🇺🇨🇳 Russia's President will be in India from September 11–13 and will participate in the BRICS summit.
A separate meeting between Vladimir Putin and Chinese President Xi Jinping in New Delhi is not planned. The leaders will be able to speak informally "on the sidelines," with substantive talks scheduled for November 18–19 at the APEC summit.
— Ushakov
A separate meeting between Vladimir Putin and Chinese President Xi Jinping in New Delhi is not planned. The leaders will be able to speak informally "on the sidelines," with substantive talks scheduled for November 18–19 at the APEC summit.
— Ushakov
🔥🇺🇸📊 US PPI Inflation (Aug)
m/m = +0.4% (exp. +0.3% / prev. +0.1%)
y/y = +5.4% (exp. +5.1% / prev. +4.8%)
m/m = +0.4% (exp. +0.3% / prev. +0.1%)
y/y = +5.4% (exp. +5.1% / prev. +4.8%)