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Pressure on Russia's oil exports is set to increase.
... impact tax revenues for Russia.
If we take these claims at face value, the picture appears grim. However, it is essential to approach this information with caution. The U.S. and the EU have created numerous obstacles for Russia's financial and banking sectors, industry, IT, and gas sectors (e.g., bans on LNG technology supplies and sanctions against Arctic LNG). However, their efforts to curb Russian oil exports have faced challenges from the start. Perhaps initial decisions were made hastily, making ...
Monday, November 11, 2024: Key Economic Events for Investors
... (Report at 00:05 MSK): Projected decrease of 3.0%.
1.
European Market Events
Germany
Industrial Production (September) — Published at 07:00 GMT
Germany’s industrial production data provides insight into the strength of the country’s manufacturing sector, the backbone of Europe’s largest economy. Growth here signals robust industrial demand, supporting both the euro and European indices. A weaker result may weigh on German exports, especially in the automotive and machinery sectors, potentially ...
Where does the Ural Mining and Metallurgical Company (UMMC) invest?
... rare earth metals mining. We will look at UMMC's main assets, its contribution to regional development, strengthening its export potential, and opportunities for strategic investors.
Where does Ural Mining and Metallurgical Company (UMMC) invest?
Sector: Non-ferrous metallurgy
Investments for 2023: RUB 85.1 billion
Investments for 2022: RUB 78.3 billion
Ural Mining and Metallurgical Company (UMMC) is one of the largest holdings in Russia in the field of non-ferrous metallurgy. The company's main ...
Tuesday, November 26, 2024: Analysis of Key Events and Reports
... will scrutinize these details for indications of future interest rate changes.
00:30 GMT (November 27): USA – API Weekly Crude Oil Stock Report
Changes in crude oil inventories can influence global oil prices, affecting energy markets and related sectors.
Corporate Earnings Reports:
Pre-Market (Before U.S. Market Opens):
Kohl's Corp (KSS):
A major U.S. department store chain. Expected revenue decline of 5.0% year-over-year may indicate challenges in the retail sector.
Best Buy Co., Inc. (BBY):
...
EU Faces Trade War Threat: Macron Warns Investors of Rising Risks with the US and China
... action, European companies could suffer major losses, forced out of key markets in the US and China.
Key Risks and Impacts for EU Businesses
Export Losses:
A trade war could lead to a sharp decline in European exports to the US and China, particularly in sectors like automotive, chemicals, and technology. Tariffs would make European goods less competitive, affecting profits and export volumes.
Rising Production Costs:
Retaliatory tariffs would increase production expenses and reduce company margins. This ...