... reached new historical peaks by the end of the week. On Thursday, the S&P 500 gained about 0.1%, while the Nasdaq rose by 0.2%, and on Friday, both indices remained close to these levels. The rally is supported by robust Q2 earnings reports and signs of economic resilience. Fresh data showed that consumer spending and the labor market remain strong: for example, durable goods orders dropped sharply by 9.3% in June after a surge in May, but excluding transportation, orders actually rose (+0.2% m/m), indicating ...

... Russia, while region-specific, highlight trends in resource-heavy economies. These payouts are significant in showcasing company resilience and investor confidence, even under challenging circumstances. At Open Oil Market, we are committed to helping our ... ... data points and providing actionable insights. These events underscore the importance of staying informed in a rapidly evolving economic landscape.

... manufacturing. Eurozone Investor Confidence Index (Sentix, November) — Published at 09:30 GMT The Sentix Investor Confidence Index measures investor sentiment across the Eurozone. A positive sentiment reading can indicate optimism regarding Europe’s economic resilience, while a drop may reflect concerns about inflationary pressures and potential monetary tightening by the ECB. This index often influences the euro and may impact indices like the Euro Stoxx 50. 2. Asian Market Events Japan Leading Economic ...

... are driving nations to consider alternatives. In this article, I, Sergey Tereshkin, CEO of Open Oil Market, delve into the implications of Putin’s statements and explore what these shifts could mean for international finance, BRICS cooperation, and economic resilience. The Future of the Dollar and the Prospect of a BRICS Currency: Insights from Putin’s Statements In recent statements, Russian President Vladimir Putin shared significant insights regarding the future of the U.S. dollar and the potential ...

... England’s decision: next week the regulator may raise rates again from the current 5.50% to 5.75-6% in a bid to tame persistent inflation (~6.5% y/y). Overall, European investors welcome the reduction of external risks but remain cautious amid weak economic indicators for the region and ongoing high price pressures on businesses and consumers. Asia: Stimulus in China and Resilience of Indian Growth Asian markets are experiencing mixed sentiments, reflecting a balance between domestic issues and an improving external backdrop. In China, authorities are attempting to support the economy against clear signs of slowdown. ...