The central bank will increase foreign exchange purchases to 15 billion rubles a day, and Gazprom and Novatek support the Moscow Stock Exchange The main thing from today's episode of the Capital program with Grigory Baglaryan: starting next week, the central bank will increase daily currency purchases to 15 billion rubles. This is more than 20% more than the previous volume, which was slightly more than 12 billion rubles. Speculators are again betting on the weakening of the ruble. If exporters reduce sales of foreign currency earnings, additional demand from the central bank could increase pressure on the Russian currency. The yuan is trading at about 12.27 rubles. The nearest important levels are 12.60 and 12.80 rubles, then 13 rubles. The dynamics will depend, among other things, on the amount of ruble liquidity that the central bank will provide to the banking system. The Russian stock market was supported by new hopes for a geopolitical settlement. Donald Trump acknowledged the possibility of a grand deal that could affect Russia, Ukraine and Europe, including issues of collective security. Gazprom and Novtech shares are growing following expectations for economic cooperation with the United States. Investors see both companies benefiting from the potential of new joint projects. The US tech sector experienced a massive sell-off after the Democrats won the election. According to broadcast estimates, the fall in individual market segments was similar to the collapse of March 2020. Investors fear restrictions on artificial intelligence development in the United States. Democrats may tighten rules for building data centers and implementing large infrastructure projects, which could slow investment in the industry. The American market is again talking about the risks of the recession. A possible decrease in investment in artificial intelligence calls into question one of the main sources of economic growth. The sales affected not only technology companies, but also energy companies in the US. Additional pressure on the oil and gas sector has been applied.

The central bank will increase foreign exchange purchases to 15 billion rubles a day, and Gazprom and Novatek support the Moscow Stock Exchange The main thing from today's episode of the Capital program with Grigory Baglaryan: starting next week, the central bank will increase daily currency purchases to 15 billion rubles. This is more than 20% more than the previous volume, which was slightly more than 12 billion rubles. Speculators are again betting on the weakening of the ruble. If exporters reduce sales of foreign currency earnings, additional demand from the central bank could increase pressure on the Russian currency. The yuan is trading at about 12.27 rubles. The nearest important levels are 12.60 and 12.80 rubles, then 13 rubles. The dynamics will depend, among other things, on the amount of ruble liquidity that the central bank will provide to the banking system. The Russian stock market was supported by new hopes for a geopolitical settlement. Donald Trump acknowledged the possibility of a grand deal that could affect Russia, Ukraine and Europe, including issues of collective security. Gazprom and Novtech shares are growing following expectations for economic cooperation with the United States. Investors see both companies benefiting from the potential of new joint projects. The US tech sector experienced a massive sell-off after the Democrats won the election. According to broadcast estimates, the fall in individual market segments was similar to the collapse of March 2020. Investors fear restrictions on artificial intelligence development in the United States. Democrats may tighten rules for building data centers and implementing large infrastructure projects, which could slow investment in the industry. The American market is again talking about the risks of the recession. A possible decrease in investment in artificial intelligence calls into question one of the main sources of economic growth. The sales affected not only technology companies, but also energy companies in the US. Additional pressure on the oil and gas sector has been applied.