Markets, capital, and the discipline of patient investing.
RFC Capital Research publishes the independent analysis of Ruslan Averin — an investor focused on public markets, sovereign and corporate fixed income, cross-border real estate, and capital allocation across emerging and frontier markets.
No institutional mandate, no house view to defend — a working record of how one investor thinks about risk, value, and the markets most analysts avoid.
Seoul's 7.57% Rout: Two Trading Halts and the Unwinding of the Memory Trade
KOSPI crash on 15 October 2026: a 7.57% drop to 5,554.22, a market-wide circuit breaker, Samsung down 9.48%, SK hynix down 11.06%, seven losing sessions.
Real EstateKyiv Region Housing October 2026: What Buyers Pay for Light, Heat and Distance
Kyiv suburb house prices October 2026: median $120,000 within 50 km, Irpin +21%, Sofiivska Borshchahivka +39%, house rents up 29% in hryvnias.
MarketsRussian Pensions in 2027: Two Indexations, 6.8% and 3.3%, and an Average of RUB 29,904
Pension indexation 2027 in Russia: 6.8% from 1 February, 3.3% from 1 April, average RUB 29,904, new point cost and what the Duma bill really changes.
MarketsTSMC's NT$763.06bn Quarter Lands Mid-Rout: Q4 Guided to $52.3–54.3 Billion
TSMC Q3 2026 net income hit NT$763.06 billion, revenue $46.72 billion, Q4 guidance $52.3–54.3 billion as KOSPI fell 7.57% and chip stocks sold off.
MarketsFed's October 2026 Dilemma: 3.7% Inflation, a 41.5% Hike Bet and a Vote Six Days Later
Fed October 2026 rate hike odds hit 41.5% after CPI rose to 3.7% and core to 2.6%, with the FOMC meeting six days before the midterms.
MarketsTwo Notes, 90.6% of the Cash: Why the NBU Sees No Case for a UAH 5,000 Banknote
UAH 5,000 banknote ruled out by the NBU: UAH 973 billion in cash, the UAH 2,000 note's slow start and why 10% inflation is not hyperinflation.