... limited exports of Venezuelan oil to the global market. Although the volumes of these supplies are small, they contribute to the overall picture of increasing supply and further exert downward pressure on prices. In aggregate, these factors create a surplus of supply over demand, keeping the oil market in a state close to surplus. Brent quotes firmly remain below last year's highs. A number of analysts believe that if current trends persist, the average price of Brent could drop to $50-55 per barrel ...

... Financial markets in Tokyo are closed, leading to reduced trading volumes during the Asian session and potentially lowering global volatility at the start of the week. 16:00 (Russia) – Trade Balance for June: Statistics on Russia's exports and imports. A surplus or deficit in the trade balance signals currency flows into the country and may affect the ruble's exchange rate. A sustained surplus supports the ruble, while decreased exports may weaken the national currency. Corporate Reporting: Before Market ...

... place their faith in Tether's assurances. The risk here is that if a shortage of reserves or their low quality is suddenly revealed, it would undermine the value of USDT. For now, however, the company strives to confirm its solvency: reports indicate surplus capital (Tether's capital—the difference between assets and liabilities—was around $10 billion in mid-2024, serving as a buffer against potential losses from fluctuations in the value of reserve assets). This buffer instills optimism that ...

... Europe and lift defense sector stocks, while harsh rhetoric or a lack of progress could temporarily increase demand for safe-haven assets. 12:00 (Eurozone) - Trade Balance for June: Eurostat will release data on Eurozone exports and imports. A trade surplus indicates that exports exceed imports and reflects an influx of currency, which supports the euro, while a deficit may signal weakening external demand. Trade balance data also reflect the state of global trade and indirectly illustrate the impact ...

... The government decided to extend the embargo until the end of the year. However, Russian Deputy Prime Minister Alexander Novak announced on Friday that authorities will soon discuss permitting exports of the AI-92 grade. The embargo will be lifted if surplus fuel supplies are confirmed following the analysis. Translated using ChatGPT. Source: https://1prime.ru/20241109/benzin-852703243.htm