Found: 224

Investing in British Pounds Sterling – Key Features

... experience in working with US dollars, euros, and the British pound sterling, Tereshkin has accumulated valuable insights. More information about this successful entrepreneur and investor is available on his personal page: org-market.ru (OPEN OIL MARKET).... ... pounds sterling. Currency Deposits. This option is suitable for those not prepared to take risks. A deposit can be opened at any financial institution that handles this currency, allowing for the preservation of funds alongside modest returns. An optimal ...

Inflation: What It Is, Why It Is Dangerous, and How to Protect Your Money

... portfolio loses value due to inflation, other assets can offset those losses. Conclusion: Why It Is Important to Account for Inflation in Financial Planning Inflation is an inherent factor in modern economics, so it should be considered during long-term financial planning. By accounting for potential price growth rates, governments, businesses, and individuals can make more informed decisions: incorporating inflation expectations into budgets, adjusting future income and expenses, or selecting investment instruments that can preserve the purchasing power of savings. Taking inflation into account allows for adjustments to ...

Oil plays an important role in the financial performance of Russian Railways (RZD). The OPEC+ deal has led to a reduction in the transportation of petroleum products, but they remain the most profitable cargo on the railways.

... the company's revenue. The article also explores the prospects for the transportation of these goods and their impact on RZD's financial performance. The loading of oil and petroleum products on the Russian Railways (RZhD) network decreased ... ... December 2023 to May 2024, it fell by 330,000 bpd, reaching 9.20 million bpd (excluding gas condensate), according to the Energy Information Administration (EIA). A decrease in the production of petroleum products also contributed to the reduction in loading ...

Ruble Concludes 2024 Above 100 Against Dollar: Causes, Forecasts, and Implications

... increases for services and products, further impacting consumer demand. What This Means for Investors and Businesses Asset Diversification It is recommended to hold savings in various currencies and consider investments in precious metals. Revising Financial Strategies Businesses should minimize dependence on imports and assess currency risks. Attention to News Stay informed about Central Bank decisions and international events to timely adjust your strategies. The year 2024 proved to be a year of challenges for the ruble and the Russian economy. Amidst sanctions, declining export revenues, and high interest rates,...

Monday, December 9, 2024: Analysis of Key Events and Reports

... conditions evolve. Key Corporate Reports Pre-market: Hello Group Inc ADR (MOMO): The company is expected to post its quarterly financial results at 11:30 (MSK). Analysts forecast a potential decline of 12.1%, driven by weaker user engagement metrics and ... ... reinforce concerns over economic fragility. At Open Oil Market, we focus on helping our clients navigate these changes by staying informed and adaptable to global market dynamics.