Russian central bank forecasts 2026 average key rate at 12-13%

Lionel Messi's contract extension with Inter Miami is a significant move for both the player and Major League Soccer (MLS). It ensures that one of the world's greatest footballers will continue to elevate the league's profile, especially as it approaches the 2026 World Cup. This extension not only keeps fans engaged but also attracts new audiences, making it a win-win for the sport in the U.S.

'The Rose: Come Back To Me' is set to make its debut at the Busan International Film Festival (BIFF) before a wider global release in 2026. This early screening at a prestigious festival highlights the film's anticipated impact and showcases its potential to resonate with audiences worldwide.

Russia is contemplating raising the Value Added Tax (VAT) to 22% as part of its budget plans for 2026. This potential increase is significant as it could impact consumers and businesses alike, affecting prices and economic activity. The decision reflects the government's efforts to address fiscal challenges and generate additional revenue, which is crucial for funding public services and infrastructure.

The European Central Bank's vice president, Luis de Guindos, has stated that while the likelihood of inflation dropping below the 2% target in the medium term is low, the possibility of further reducing the key interest rate remains on the table. This statement is significant as it reflects the ECB's cautious approach to monetary policy amid ongoing economic uncertainties, indicating that they are closely monitoring inflation trends and are prepared to adjust their strategies if necessary.

Norges Bank has made a significant move by cutting its key interest rate to 4%, signaling a commitment to support economic growth. This decision is crucial as it suggests that the bank anticipates the need for gradual easing over the next few years, with one rate cut expected annually. This approach reflects a careful balance between stimulating the economy and managing inflation, which could positively impact borrowers and businesses alike.

Indonesia has announced an increase in its budget deficit target for 2026, now set at 2.68%, as part of a strategy to boost government spending and enhance transfers to regional areas. This decision comes in the wake of recent violent protests, highlighting the government's response to social unrest and its commitment to regional development. Understanding this shift is crucial as it reflects the government's priorities in addressing both economic challenges and public discontent.

IQSTEL has confidently reaffirmed its ambitious target of achieving $15 million in EBITDA by 2026. This commitment highlights the company's strong growth trajectory and strategic planning, which is crucial for investors and stakeholders looking for stability and potential returns in the telecommunications sector.

Marriott's stock price target has been raised to $327 by Bernstein, reflecting a positive outlook for the company through 2026. This adjustment indicates confidence in Marriott's growth potential and market performance, which is significant for investors and stakeholders as it suggests a strong recovery and expansion in the hospitality sector.

Deutsche Bank has raised its gold price forecast for 2026 to an impressive $4,000 per ounce, reflecting the ongoing surge in bullion prices that have recently reached record highs. This significant adjustment highlights the bank's confidence in gold as a safe-haven asset amid economic uncertainties. Investors and market analysts are keenly watching these developments, as they could influence investment strategies and market dynamics in the precious metals sector.

Deutsche Bank has raised its gold price forecast for 2026 to an impressive $4,000 per ounce, reflecting a bullish outlook on the precious metal's value. This adjustment is significant as it indicates growing confidence in gold as a safe-haven asset amid economic uncertainties. Investors and market analysts will be keen to see how this forecast influences trading strategies and investment decisions in the coming years.

UBS has raised its stock price target for Ferguson to $225, signaling optimism about the company's potential recovery by 2026. This adjustment reflects confidence in Ferguson's ability to rebound in the market, which is significant for investors looking for growth opportunities. A higher target price can attract more attention from investors and analysts, potentially boosting Ferguson's stock performance.

In an exciting development for motorsport fans, IndyCar is set to return to Phoenix in 2026, coinciding with a shared weekend with NASCAR. This collaboration not only highlights the growing synergy between these two racing series but also promises to enhance the fan experience by offering a thrilling weekend of racing action. The return of IndyCar to Phoenix is significant as it revives a beloved venue and showcases the sport's commitment to engaging with its audience.

The Indian stock market is experiencing a surge in tiny IPOs, reflecting a growing confidence among investors. This trend is significant as it indicates a vibrant economic environment and offers new opportunities for small businesses to access capital. As these IPOs flourish, they not only contribute to market diversity but also empower entrepreneurs, making it an exciting time for the Indian financial landscape.

Wall Street is celebrating as the S&P 500, Nasdaq, Dow, and Russell 2000 have all hit record highs, fueled by optimism over potential Federal Reserve rate cuts. This surge reflects traders' confidence in Corporate America's resilience and growth prospects. In a recent discussion on Bloomberg Businessweek Radio, Aaron Kennon, CEO of Clear Harbor Asset Management, shared insights on what this means for investors and the sustainability of this upward trend in equities. It's an exciting time for the market, and many are eager to see how long this momentum can last.

Fitch Ratings has expressed concerns over Nepal's political unrest, warning that it poses significant risks to the country's economic outlook and credit metrics. This situation is crucial as it could affect investor confidence and economic stability, making it essential for stakeholders to monitor developments closely.

South Korea has introduced new measures to encourage banks to shift their funding from property lending to vital sectors like semiconductors and artificial intelligence. This move is significant as it aims to boost investment in high-tech industries, which are crucial for the country's economic growth and competitiveness in the global market.

Asian shares are set to close a significant week for central banks on a high note, with the Nikkei index reaching a record level. This surge reflects investor confidence and positive economic indicators, suggesting a robust recovery in the region. Such gains are crucial as they can influence global markets and signal a strengthening economy, making it an important development for investors and analysts alike.

Recent documents reveal that LG Energy, a major South Korean company, was utilizing workarounds for US visa regulations even before the Trump administration. This raises concerns about compliance with immigration laws and the ethical implications of such practices. The revelation could impact LG Energy's reputation and its operations in the US, highlighting the ongoing complexities of international business and immigration policies.