What should an investor keep an eye on this week

The Central Bank's key policy meeting will be the key event of this week. According to Izvestia's consensus forecast, the rate should be kept at 17%, which in itself will have a neutral effect on the markets. Nevertheless, following the results of the event, the Bank of Russia will present an updated forecast, which means that the results of the meeting can determine investors' expectations from the Russian economy until the very end of 2025.

On Monday, October 20, the metallurgical company Severstal will publish its operating and financial results for the first nine months, according to Finam and Digit Broker. On the same day, Europlan car leasing company will present its operating results for the same period. In addition, this day will be the last for inclusion in the register of shareholders with the possibility of receiving dividends, Finam clarified. Events can affect the value of these companies.

On October 22, Rosstat will publish weekly data on the consumer price index, which may affect market participants' expectations regarding the upcoming meeting of the Bank of Russia, Cifra Broker added.

On Thursday, the energy company RusHydro will present its operating results for nine months, and Norilsk Nickel will present the results of its production activities for the same period, BCS Mir Invest reported. On this day, microfinance company Zaymer will publish its operating results for the third quarter, and the board of directors of the Lukoil oil company will discuss a recommendation on dividends for the first nine months, Gazprombank Investments noted.

On October 24, Rusagro agro-industrial holding will disclose its nine-month operating results, according to Cifra Broker. A meeting of the Board of Directors of the Bank of Russia on monetary policy and medium-term forecast will be held on the same day.

Market dynamics in the coming week will be determined by expectations regarding the outcome of the Bank of Russia meeting, analysts at the Finam investment group say. The RGBI government bond index, according to their estimates, will remain in the range of 114-116 points. The exchange rates, according to the company's forecast, will be in the range of 80.0–82.5 rubles per dollar, 94-96 rubles per euro and 11.2—11.5 rubles per yuan.