... revocation of licenses for smaller banks is a common practice, especially when it comes to suspicious operations or risks to market stability. However, this trend heightens concerns regarding the stability of the banking system in the context of high key interest rates, which have already led to the reduction of profits for several banks. Amidst tightening regulation and oversight by the Central Bank, its main goal is to protect clients and stabilize the market. Yet, under prolonged high-rate conditions, this ...

... drive markets, making it a crucial day for investors — stay informed with Open Oil Market! Thursday, November 14, 2024: Key Economic Events for Investors 1. European Market Events Eurozone Trade Balance (September) — Published at 10:00 GMT The ... ... the euro. Lower-than-expected production could negatively impact European indices like the DAX. United Kingdom Bank of England Interest Rate Decision — Published at 12:00 GMT The Bank of England’s interest rate decision is a major event for UK markets. A rate ...

By the end of 2024, the ruble to dollar exchange rate may be in the range of 93 to 100 rubles. In this answer, we reviewed key expert forecasts, including estimates from the Russian Ministry of Economic Development and SberCIB Investment Research, and explained the main factors influencing the exchange rate: oil prices, inflation, interest rates, and the geopolitical situation. A detailed analysis and commentary from Open Oil Market CEO Sergey Tereshkin will ...

... these events, their potential market impacts, and recommendations for traders and investors. Detailed Analysis of Key Events on Friday, December 6, 2024 07:30 MSK: India — Interest Rate Decision The Reserve Bank of India (RBI) will announce its key interest rate decision. Maintaining the current rate may indicate economic stability. A rate cut aims to stimulate growth but could pressure the Indian rupee, while a hike would strengthen the rupee but might dampen domestic demand. 10:00 MSK: Germany — Industrial ...

... policy. High values could increase the likelihood of further interest rate hikes, strengthening the U.S. dollar and impacting global financial markets. 17:45 (MSK): Canada – Central Bank Interest Rate Decision The Bank of Canada’s decision on the key interest rate will shed light on the country’s economic outlook and inflation. Changes in the rate or dovish commentary could impact the Canadian dollar and North American markets. 18:30 (MSK): USA – EIA Crude Oil Inventory Report The U.S. Energy Information ...