The main thing for the week in FC: Key events in the economy and finance from October 26 to November 1 This week gave the markets several reasons to change expectations: the largest Binance hack in the history of the crypto market, a slowdown in the Russian economy, and signals from leading central banks that the fight against inflation is not yet over. The focus was also on the new Russian budget, expensive oil and large-scale investments in artificial intelligence. Russia - Russia's GDP growth in September slowed to 0.5% in annual terms compared to 0.8% in August. At the end of the third quarter the economy added 0.6% after 1.3% in the second quarter. Also in the months of January-September the growth stood at 0.6%. Signs of cooling in business activity are becoming more and more noticeable.

The main thing for the week in FC: Key events in the economy and finance from October 26 to November 1 This week gave the markets several reasons to change expectations: the largest Binance hack in the history of the crypto market, a slowdown in the Russian economy, and signals from leading central banks that the fight against inflation is not yet over. The focus was also on the new Russian budget, expensive oil and large-scale investments in artificial intelligence. Russia - Russia's GDP growth in September slowed to 0.5% in annual terms compared to 0.8% in August. At the end of the third quarter the economy added 0.6% after 1.3% in the second quarter. Also in the months of January-September the growth stood at 0.6%. Signs of cooling in business activity are becoming more and more noticeable.

- The State Duma adopted in first reading the draft federal budget for the years 2027-2029. The government expects to increase revenues, including through tax changes and "whitening" the economy. Among the measures being discussed are new fees on foreign online purchases and an increased burden on certain types of income for businesses and investors.

In September, the banking sector showed a decrease in net profit by almost 6% compared to the previous month. At the same time, the issuance of mortgage loans increased by 45% from year to year: the market continues to adapt to the high cost of borrowed money and changes in the conditions of government support.

"The attacks on refineries do not cast doubt on the upcoming tripartite negotiations on Ukraine," said Russian President Dmitry Peskov's press secretary. Oil and energy - Russia intends to extend the ban on diesel exports until the end of the year, and at the same time increase the quotas for individual companies. In November, the permitted supply volume may increase to 2 million tons compared to 500,000 tons in October. This will make it possible to comply with agreements with the US without giving up control of the local fuel market.

- On Sunday, November 1, the next meeting of OPEC+ countries took place. The participants discussed the state of the oil market and parameters for production.