... also impacting traditional businesses beyond the finance sector. An American electronics manufacturer has invested heavily in BNB tokens for its treasury, while a pharmaceutical company has invested in Litecoin. The British oil and gas firm Union Jack Oil plans to use excess gas for Bitcoin mining to monetize resources. Such steps legitimize cryptocurrencies in the eyes of traditional companies and create additional market demand. Market Prospects: Investor Expectations The beginning of August has been marked by relative calm in the cryptocurrency market, but ahead are a number of drivers capable of setting a new direction for trends. Analysts view the current pause ...

... national currency weakens. Diversification: Dividing assets between the ruble and other assets reduces the risks associated with sharp changes in the exchange rate. The impact of devaluation on the economy and business: a view from the founder of Open Oil Market Devaluation is a serious test for both businesses and ordinary citizens. As an entrepreneur, I understand that a weak ruble creates both new opportunities and risks. On the one hand, export companies can increase profits due to a weaker exchange ...

... homebuilder will release its earnings. Analysts expect a 4.6% increase in revenue due to strong demand for luxury housing. However, the market will focus on guidance amidst rising interest rates. My Commentary on Monday’s Events As the founder of Open Oil Market, I believe that today's macroeconomic data reflects critical global economic trends. Japan’s GDP growth slowdown highlights ongoing challenges in Asia’s recovery, which could influence global trade dynamics. Meanwhile, China’s lower CPI signals ...

... infrastructure. In the U.S., weekly jobless claims and natural gas storage reports will be in focus alongside the FOMC rate decision and press conference. These events are set to drive markets, making it a crucial day for investors — stay informed with Open Oil Market! Thursday, November 14, 2024: Key Economic Events for Investors 1. European Market Events Eurozone Trade Balance (September) — Published at 10:00 GMT The trade balance report reveals the difference between exports and imports across the Eurozone....

... prices from responding to the peak. This year, there hasn’t been a sharp spike in wholesale prices. Instead, prices have been gradually rising compared to 2023 levels, excluding the fall crisis period. According to Sergey Tereshkin, CEO of OPEN OIL MARKET, the price increase results from five factors: reduced fuel production, recovery of the automotive market, seasonal demand growth, rising refinery costs, and increased exports following the lifting of restrictions in May. Future Expectations ...