... attributed to several factors, including a weakening U.S. dollar and rising gold prices amid expectations of a dovish monetary policy from the U.S. Federal Reserve. Investors are anticipating a scenario in which the Federal Reserve (Fed) will lower its key interest rate by the summer of 2025. Additional optimism has been fueled by encouraging political signals, which have increased risk appetite. As a result, interest in the cryptocurrency market has strengthened once again, and Bitcoin, as the largest digital currency,...

... currency in summer and persistent geopolitical risks that heighten interest in savings in stable currencies. At the same time, the ruble is supported by high oil prices, Ministry of Finance currency sales under the budget rule, as well as the elevated key interest rate set by the Bank of Russia (18% annually), which makes ruble-denominated assets attractive. The balance of these factors indicates that sharp fluctuations in the currency market are not anticipated: the ruble is likely to continue moving within the ...

... conditions in the manufacturing sector. A rise in ISM above expectations could increase interest in U.S. assets. 18:00 MSK: USA - Factory Orders for October This figure signals... ... Powell Markets will await comments on monetary policy prospects. Signals about further rate hikes could strengthen the dollar. 22:00 MSK: USA - Publication of Fed's Beige... ... monetary policy, leading to a stronger dollar and potential weakening of the ruble. Key Reports on Wednesday: Europlan ($LEAS): EGM on dividends for 9 months of 2024 at...

... October Russia’s trade balance will reveal the difference between exports and imports. This data provides insights into the country's external economic activity, which has broader implications for global commodity flows. 16:15 (MSK): Eurozone – ECB Interest Rate Decision A key event for currency and bond markets, the ECB’s decision will be closely watched for signals on monetary policy amid current economic challenges. Markets will focus on any adjustments to interest rates or forward guidance. 16:30 (MSK): USA – Producer ...

... particularly for metals and energy products. Investors in these markets should consider the potential for reduced pricing pressure. Interest Rates and Bonds: Elevated U.S. inflation expectations may signal continued Federal Reserve tightening, which could increase yields ... ... impact borrowing costs globally. Diversification and a cautious approach are recommended as global market conditions evolve. Key Corporate Reports Pre-market: Hello Group Inc ADR (MOMO): The company is expected to post its quarterly financial results ...