... Additionally, one of the world's largest gold producers— Barrick Gold —will disclose its financial results. Its report will illustrate how the precious metals mining industry has maintained profitability amid fluctuating costs and uncertainty in the commodities market. A reduction in costs and stable output at Barrick may reassure investors in the commodities sector, while any signs of margin pressure could raise red flags across the mining segment. Reports After Market Close: Cisco, Applied Materials,...

... Services and Composite PMI for November The services and composite PMI will reflect the state of the Australian economy. A reading above 50 indicates economic activity, which could support the Australian dollar and improve investor expectations related to commodities. 03:30 MSK: Japan - Services and Composite PMI for November Japanese PMIs will serve as a key indicator of the country's economic recovery. An increase in indices may strengthen the yen, creating trading opportunities in currency pairs with ...

... (November 18 – 22, 2024) This week is packed with impactful economic and political events that could significantly affect both global and local markets. Russian traders should focus on key publications and statements to make the most of currency, commodity, and stock market changes. Here’s what to consider: G20 Summit — Geopolitical Importance Why it matters: Discussions at the G20 Summit often drive international economic strategies, with topics on Ukraine, European stability, and the U.S....

... domestic fuel market. Meanwhile, Europe is ramping up gas reserves in preparation for winter, and a return to coal has been observed in the global energy sector amid rising prices and demand. Below are the details of these and other key news from the commodity and energy sectors. Washington Threatens India with New Tariffs for Russian Oil The U.S. has increased pressure on the second-largest market for Russian oil — India . President Donald Trump stated his intention to significantly raise customs ...

... commercial oil inventories in the U.S. have decreased more than expected, reflecting strong demand and preventing prices from dropping sharply. Concurrently, expectations for a easing of monetary policy in leading economies boost investor interest in commodity assets, including oil. The market is also closely watching the OPEC+ Joint Monitoring Committee (JMMC) meeting on July 28; while the committee lacks the authority to change production quotas, its recommendations and signals could influence short-term ...