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Friday, November 15, 2024: Key Economic Events for Investors
... economic slowing.
Import and Export Prices (October) — Published at 13:30 GMT
This report highlights inflationary pressures from trade. Rising import prices may suggest inflationary concerns, while increasing export prices indicate higher demand for U.S. ... ... production, which may weigh on oil prices, while a decline in rig activity could support prices, impacting energy stocks.
4. Other Global Events
India
Wholesale Price Index (WPI, October) — Published at 06:00 GMT
India’s WPI provides a measure of wholesale ...
Ruble on the Rise: Reasons behind the Strengthening of the Russian Currency
... The strengthening of the ruble may temporarily support domestic financial markets, reducing import costs and alleviating inflationary pressure.
Risks: The long-term dynamics of the ruble remain uncertain due to sanctions, potential changes in foreign trade, and instability in global energy markets.
Recommendations: Investors may use the current situation to reassess currency strategies, protect portfolios from volatility, and analyze assets sensitive to ruble exchange rate dynamics.
"Rambler: 'Oil Business: The Story of the Founder of the Fuel Company Oilresurs'"
... 'Rambler
Business in Oil: The Story of the Founder of the Oil Company Oilresurs
People who create corporations, international trade networks, and open new fields in traditional industries have always attracted and will continue to attract attention. Their ... ... giving up? Initially, the need for money drove me forward. Yes, a very prosaic motive. Then I realized that I wanted to build a global company like Glencore. After that, it was the idea itself that motivated me. I started working for the future, earning ...
Sanctions PR: What the 18th EU Sanctions Package Means for Russia
... Oil Market, pointed out that recent months have clearly demonstrated that the oil ceiling is only adhered to when Brent prices fall.
"The average price of Urals fell below $60 per barrel only after the market began to 'factor in' the risks of a global economic slowdown due to trade wars. Thus, for the price of Urals to drop below $50 per barrel, the price of Brent needs to be below $60 per barrel, and there are no real prerequisites for this: in the coming months, Brent is expected to hover around $65 per barrel," the ...
XRP Price Forecast for May 2025: Technical Analysis and Key Factors
... banks in the Middle East, integrated Ripple’s technology for international payments. By 2025, the RippleNet ecosystem has significantly expanded, with unofficial reports indicating that the network comprises several hundred financial institutions globally. This means that XRP is increasingly used as a bridge currency for converting and transferring funds between different fiat currencies. The rise in actual demand for XRP for operations (through products like ODL – On-Demand Liquidity) provides ...