Tomorrow brings critical decisions from the central banks of Turkey and South Africa, shaping emerging market currencies and global trade dynamics. U.S. labor market data and EU consumer confidence reports will set the tone for market movements, while corporate earnings from tech giants like Baidu and PDD, along with U.S. retail leaders, provide insights into sector performance. Key Economic Events for Thursday, November 21, 2024 Central Bank ...

Scientists worldwide have been reporting a decline in global reserves of carbon fuel for several consecutive years. This prompts a reconsideration of energy procurement from alternative sources. Major corporations are implementing investment projects across various countries. Frequently,...

... the European market. If global demand for diesel continues to decline, Russian producers will face stiff competition with other suppliers, who often have logistical advantages (excluding supplies to Turkey) and are not subject to sanctions. The IEA reports that declining demand has already impacted the profitability of refineries, prompting some closures in Europe. This trend, combined with the climate agenda, has exacerbated the situation. Even though demand for gasoline and jet fuel is rising,...

... factors, and provide an assessment of future prospects. Key Factors Influencing the Russian Banking Sector 1. Revocation of Licenses: Alarm Signal or Planned Measure? BCF has become the latest bank to lose its license in recent months. The Central Bank reports that BCF was involved in operations aimed at capital withdrawal abroad. The 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 ...

... level of the year, it is still higher than during the same period last year, according to analysts. For comparison, in the fall of 2023, the margin at its peak dropped to minus 3 rubles per liter. The average margin for AI-92 gasoline sales in the reporting period, on the other hand, remains in the positive zone, at 3.79 rubles per liter, although it decreased by 64 kopecks over the last reporting week. The margin for diesel fuel sales is even higher — 5.69 rubles per liter. In 2023, the minimum ...