About the Event
The 15th BRICS Summit is scheduled for August 22-24, 2025, in Johannesburg, South Africa, marking a significant gathering of emerging economies that collectively represent over 40% of the world’s population and about a quarter of global GDP. The summit has been held annually since the first formal meeting of BRIC (before South Africa joined) leaders in Yekaterinburg, Russia, in 2009.
Market Impact
The BRICS Summit significantly influences global markets through several channels:
- Currency Markets: Discussions on de-dollarization and potential creation of a BRICS currency or payment system can trigger volatility in forex markets, particularly affecting the USD and emerging market currencies.
- Commodity Markets: Agreements on resource sharing and trade can impact commodity prices, especially in sectors where BRICS nations have significant production or consumption (energy, metals, agricultural products).
- Investment Flows: Announcements of infrastructure projects, development initiatives, or expansion of the BRICS New Development Bank’s activities can redirect capital flows toward emerging markets.
- Stock Markets: Companies with significant exposure to BRICS economies may see stock price movements based on summit outcomes and cooperation agreements.
Participation Information
The BRICS Summit is primarily a diplomatic event with restricted access for the general public. However, there are several ways to engage with the summit:
- Business forums and sideline events may be open to industry representatives and investors by invitation
- Academic conferences associated with the summit often welcome broader participation
- Official livestreams and press briefings provide real-time information on summit proceedings
- The official BRICS Summit website offers documentation, announcements, and outcome declarations
Key Stakeholders
Traders and investors who should pay particular attention to the BRICS Summit include:
- Forex traders: Especially those dealing in emerging market currencies and the USD
- Commodity traders: Particularly in energy, metals, and agricultural sectors where BRICS nations are major players
- Emerging market investors: Those with portfolio exposure to BRICS economies and their stock markets
- Bond investors: Especially those tracking sovereign debt of BRICS nations and development bank bonds
- Multinational corporations: Companies with significant operations or expansion plans in BRICS countries
Trade Considerations
When trading around the BRICS Summit period, consider these factors:
- Market volatility often increases during the summit days as policy announcements emerge
- Trade volumes in BRICS-related assets may see temporary spikes
- The full market impact may unfold gradually as summit decisions are implemented in the following months
- Media coverage and interpretation of summit outcomes can create short-term market reactions