What to watch out for as an investor this week

The market is still partially in euphoria on the background of negotiations between Russia and the USA, but in the near future it may start a moderate correction, warned analysts of FG Finam. Against the background of positive news, the shares of exporters ignored the strengthening of the ruble to 88 per dollar and the announcement of new sanctions from the European Union - sooner or later investors still have to react to these changes, then the securities will lose in price.

On Tuesday, February 25, men's clothing chain Henderson will publish its operating results for January, and VTB will share its IFRS report for the fourth quarter of 2024, Finam said. These events could affect the value of their shares.

On Wednesday, Rostelecom will present IFRS results for the fourth quarter and 12 months of 2024, Gazprombank Investments said. Also on February 26, Rosstat will publish data on the consumer price index, and the Central Bank will present the minutes of the last meeting on the key rate. These events will help investors understand the prospects for the regulator's future decisions, which will affect bond prices and yields: if the CBR's summary signals a softening of policy, bond yields will go down, while their price will go up.

On February 27, financial results for 2024 will be presented by four major market players at once: Sberbank, energy company RusHydro, retail chain Fix Price and marketplace Ozon, as reported in Tsifra Broker.

On Friday, February 28, the energy company Inter RAO will publish IFRS reports for 2024, Finam concluded. In addition, on this day, MTS will participate in court and will challenge the FAS orders to recover 3 billion rubles, added in "BKS World of Investments". The outcome of the meeting may affect the value of its shares.

Inflation in the Russian Federation has not yet shown a noticeable slowdown, but it is not intensifying, so no significant volatility is expected in the debt market, said Gazprombank Investments. Therefore, the RGBI index of government bonds will continue to move in the range of 104-108 points.

The ruble this week will trade at 87-92 to the dollar, 91-96 to the euro and 12-12.45 to the yuan, predicted in Finam. The Moscow Exchange Index is likely to move in the range of 3300-3400 points.