The Moscow stock market reached 2,500 points for the first time, and Brent rose above $116. Highlights from today's episode of Capital with Grigory Baglarian: The Moscow stock market index reached 2,500 points in the morning, but then returned to 2,491. The market remains optimistic and remains above important technical support at 2440 points. Investors are in no rush to take profits after several weeks of growth. During this period, individual liquid securities added 30–40%, but there was no active selling in the market. The negotiation process around Ukraine continues to support Russian actions. The market is building on the reduction of geopolitical risks and sanctions, although any new escalation could dramatically change the sentiment. The central bank increased the limit of operations to provide ruble liquidity to almost 6.5 trillion rubles. Due to the November 4 holiday, the period for repo transactions will be eight days. Additional funds may support the exchange. The ruble may weaken by the end of the week. After the end of the peak of tax payments, the supply of foreign exchange from exporters will decrease, while the daily purchases of foreign exchange by the central bank will continue. The yuan has yet to gain a foothold below 12 rubles. The foreign exchange market remains stable, but after the end of the tax period, the balance of supply and demand may change. The dollar is actively strengthening against the euro ahead of the Fed and ECB meetings. The US regulator is not expected to change rates, but investors are waiting for signals about a December decision. The ECB faces a difficult choice amid the energy crisis. Inflationary pressures in Europe are increasing, the banking system and the debt market remain under pressure. The rate decision may have a significant impact on the euro. Brent for immediate delivery rose above $116 per barrel. Oil resumed its rise amid reports of new attacks on tankers and cargo ships in the Persian Gulf.

The Moscow stock market reached 2,500 points for the first time, and Brent rose above $116. Highlights from today's episode of Capital with Grigory Baglarian: The Moscow stock market index reached 2,500 points in the morning, but then returned to 2,491. The market remains optimistic and remains above important technical support at 2440 points. Investors are in no rush to take profits after several weeks of growth. During this period, individual liquid securities added 30–40%, but there was no active selling in the market. The negotiation process around Ukraine continues to support Russian actions. The market is building on the reduction of geopolitical risks and sanctions, although any new escalation could dramatically change the sentiment. The central bank increased the limit of operations to provide ruble liquidity to almost 6.5 trillion rubles. Due to the November 4 holiday, the period for repo transactions will be eight days. Additional funds may support the exchange. The ruble may weaken by the end of the week. After the end of the peak of tax payments, the supply of foreign exchange from exporters will decrease, while the daily purchases of foreign exchange by the central bank will continue. The yuan has yet to gain a foothold below 12 rubles. The foreign exchange market remains stable, but after the end of the tax period, the balance of supply and demand may change. The dollar is actively strengthening against the euro ahead of the Fed and ECB meetings. The US regulator is not expected to change rates, but investors are waiting for signals about a December decision. The ECB faces a difficult choice amid the energy crisis. Inflationary pressures in Europe are increasing, the banking system and the debt market remain under pressure. The rate decision may have a significant impact on the euro. Brent for immediate delivery rose above $116 per barrel. Oil resumed its rise amid reports of new attacks on tankers and cargo ships in the Persian Gulf.