The expert spoke about the growth of stocks against the background of negotiations between Russia and the United States

Last week, the Russian stock market showed positive dynamics. The Moscow Exchange index started at about 2,730 points on August 4 and rose to a maximum of 2,915 points by August 7-8, which was an increase of about 7%. The reason for this growth was the news about the preparation of a personal meeting between Russian President Vladimir Putin and American leader Donald Trump, as well as Rosstat data on the slowdown in inflation to 8.8% on August 4, which supported investor sentiment. This was announced on August 4 by Dmitry Vishnevsky, an analyst at Cifra Broker, in an interview with the Delovoy Peterburg newspaper.

"Shares in the oil and gas sector showed significant growth amid expectations of a geopolitical improvement, despite lower oil prices and the threat of new sanctions. The growth of Gazprom's quotations exceeded 9.5%, and Novatek's - 11%." The main drivers of the market are geopolitical expectations and positive inflation statistics," Vishnevsky said.

In late July and early August, the decline in prices accelerated. During the week, prices decreased by 0.13%, and annual inflation was 8.77%, according to estimates by the Ministry of Economic Development. Natalia Vashchelyuk, senior analyst at Pervaya Management Company, believes that price dynamics will remain low in August due to the strong ruble, slowing economic activity and seasonal factors.

The expert also noted that there are signs of a recovery in lending and demand in the economy, but it is still unclear whether this is a stable trend or a temporary phenomenon. In such conditions, there is a high probability of reducing the key rate by 1-2 percentage points in September.

Presidential program: what could be the agreement between Russia and the United States on Ukraine

And who has already begun work to disrupt the historic meeting between Putin and Trump in Alaska

This week, the Ministry of Finance has placed two issues of OFZ. In the first one, maturing in 2034, 3.65 billion rubles were raised at a yield of 14.05%, and in the second one, maturing in 2040, 85.37 billion rubles were raised at a yield of 14.42%.

Geopolitics continues to support the strengthening of the ruble. After the news about a possible meeting between the presidents of the United States and Russia, the stock market began to rise, and the ruble strengthened. The US dollar exchange rate in the second half of the week was again below 80 rubles, and the yuan exchange rate was below 11.1. At the same time, despite the decline in oil prices, Russian Brent continues to fall below $67 per barrel.

OPEC+ countries decided to ease voluntary production restrictions in September, but experts believe that the market is unlikely to be ready for continued supply growth. OPEC+ is expected to suspend production increases starting in October.

"In the near future, the market will live up to the expectations of a meeting between the leaders of the United States and Russia. Given the volatile news flow, especially from the White House, there will be increased volatility in the market with sharp intraday fluctuations. The key rate reduction cycle and the dovish rhetoric of the regulator also remain a driver for the market in the near future. The beginning of the ruble devaluation may support the shares of exporters," Dmitry Vishnevsky added.

Next week, investors will continue to monitor the negotiations, as well as the financial results of the largest Russian companies. An important event will be consumer inflation data for July, which will affect key rate expectations, as well as GDP figures for the second quarter of 2025 and trade balance data for June.

Point of return: what to expect from the summit of the Presidents of Russia and the United States in Alaska

European officials are in turmoil after news of the August 15 meeting.

On August 8, Trump announced a meeting with Putin in Alaska on August 15. The US president noted that details about the upcoming negotiations will be published later. Russian Presidential aide Yuri Ushakov called the choice of a venue for negotiations logical. He said that the economic interests of the states intersect in the region. There are prospects for joint projects in Alaska.

The leader of the United States also expressed confidence in the possibility of signing a peace agreement between Russia and Ukraine in the coming months. Commenting on this issue, Trump stated the need for territorial concessions from both sides.

All important news is on the Izvestia channel in the MAX messenger.