... recent uptrend, current oil prices are still 10-15% lower than a year ago – a reflection of market correction following the peaks of the 2022-2023 energy crisis. Investors are also monitoring external economic signals: negotiations between the U.S. and China over trade disputes continue, and it is expected that the U.S. Federal Reserve will maintain its interest rate without changes during its meeting on July 30. Loose monetary conditions, along with resolution of trade disputes, could support fuel ...

... to low volumes, a potential reduction in production in Venezuela will not be a serious blow to the oil market. The costs will primarily fall on some U.S. refineries that will lose one of their potential suppliers of high-sulfur oil. Iran: Through China via Malaysia The consequences of the escalation of the Iran-Israel conflict will also be limited, despite the increase in oil production in Iran – from 1.96 million barrels per day in the crisis year of 2020 to 3.25 million barrels per day ...

... sustainable dominance is attributed to its high liquidity, stability, and the economic power of the United States. However, in recent years, its position has become less stable. The imposition of U.S. sanctions against several countries, including Russia and China, has raised concerns on the international stage. Such measures weaken the global role of the dollar as countries begin to seek alternative methods of conducting transactions to avoid dependence on the U.S. currency and reduce the impact of sanctions....

... statistics on inflation in the manufacturing sector (Producer Price Index, PPI) and the weekly report from the Energy Information Administration (EIA) on natural gas inventories. Additionally, several major companies from the US, Europe, Asia (Japan, China), and Russia will present their quarterly financial results, including notable names such as John Deere , JD.com , Applied Materials , NetEase Games , Globant , Pioneer Power , and others. Below is an overview of these events, along with a ...

... stimulate domestic demand, but investors will also consider external factors—such as yesterday's US Fed decision (if the Fed rate remained unchanged, SARB may act more cautiously to avoid pressure on the rand). Statistics: PMI, Inflation, and Labor Market China – PMI Indices (04:30 MSK): Early in the morning, China's official purchasing managers' indices for July will be released. A slight improvement in manufacturing PMI is expected, but the figure will likely remain around the 50-point threshold (it ...