... for investors. Where is Magnitogorsk Iron and Steel Works (MMK) Investing? Magnitogorsk Iron and Steel Works (MMK) is one of the largest steel producers in Russia and globally, specializing in a broad range of metal products for various industrial sectors. The company is actively investing in the modernization of production facilities, environmental projects, and the development of new technologies. Sector: Mining and Metallurgy Investments in 2023: 117.3 billion rubles Investments in 2022: 79....

... the European Union reached a compromise on tariffs (for instance, the tariff on European cars has been set at 15% instead of the previously planned 30%). Nevertheless, uncertainty in global trade persists, putting pressure on stocks in export-oriented sectors (automotive, electronics) and contributing to a slowdown in the global economy. Monetary Policy: Softening Fed and Bank of England's Stance Fed and Bank of England adopt a softer stance: Global monetary policy is beginning to pivot toward stimulating ...

... – API oil inventory report (important for the oil market and inflation expectations). In addition to macroeconomic statistics, July 29 will see a substantial issuance of corporate reports. The focus will be on reports from companies across various sectors, from tech giants to consumer goods manufacturers. Below is a structured overview of the financial results of major companies that will release their reports before the market opens (premarket) and after it closes (aftermarket). The expected EPS ...

... Payrolls data. Strong employment figures will bolster the dollar and create expectations for tighter monetary policy from the Fed. 04:45 MSK: China - Caixin Services and Composite PMI for November The indicators will reflect the state of the services sector and the economy as a whole. Strong data will support demand for commodities, including oil and metals, positively impacting Russian exports. 08:00 MSK: India - Services and Composite PMI for November India's PMI will show how actively one of the ...

.... However, due to relatively more centralized management (most validator nodes have historically been affiliated with Ripple), crypto enthusiasts don't often use XRP in decentralized applications or DeFi – its primary niche remains in the payments sector. Nonetheless, XRP Ledger also supports additional functions, such as an embedded decentralized exchange and issue of custom tokens, which expands its potential areas of application. Popularity and Prospects: Despite controversies, by 2025, XRP ...