What are you looking for:
Friday, November 22, 2024 Key Economic Events
... Reserve's policy effectiveness. Strong results could strengthen the dollar and elevate equity markets, while weaker data might suggest economic cooling.
Recommendations for Investors
Commodities:
Monitor PetroChina’s earnings for insights into oil and gas demand trends, which could affect global energy prices.
Currencies:
Pay attention to PMI data and U.S. labor statistics for potential movements in the euro, dollar, and yen.
Equities:
The tech and energy sectors may experience volatility based on ...
Guide to NFT Investments: Best Platforms and NFTs, Predictions
... platforms and more selective general marketplaces, depending on the circumstances. Below are some of the most well-known NFT trading platforms available online.
• OpenSea: The largest NFT exchange platform globally and the biggest consumer of Ethereum gas fees. OpenSea allows users to buy and sell a wide variety of NFTs, particularly digital art.
• Binance: One of the largest exchanges in the world has recently launched its own NFT program dedicated to artistic tokens as well as gaming cards related ...
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 largest production cut in the last 18 months. From December 2022 to December 2023, production in Russia decreased by 300,000 barrels per day (bpd), and from 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 on the RZhD network.
According to Rosstat, diesel fuel production in Russia ...
Ruble Concludes 2024 Above 100 Against Dollar: Causes, Forecasts, and Implications
... introduction of new US sanctions against Russia in November 2024 dealt a serious blow to the economy. The sanctions affected key sectors and restricted access to international financial markets.
Decline in Export Revenues
Falling global prices for oil and gas, along with a reduction in their export, diminished the inflow of foreign currency into Russia.
Monetary Policy
The Central Bank maintains the key interest rate at 21%, which curtails economic activity but does not stop capital outflows.
Increase ...
Why is Russia lifting the ban on gasoline exports for only two months?
... go on a break, but behave well, or you’ll be locked back in the room."
Meanwhile, Dmitry Gusev, Deputy Chairman of the Supervisory Board of the "Reliable Partner" association and a member of the expert council of the "Russian Gas Stations" competition, notes that there are no official documents in Russia establishing the priority of supplying fuel to the domestic market. There are only statements from the President on this issue. Therefore, for any company, the only priority ...