What are you looking for:
Friday, November 29, 2024: Analysis of Key Events and Reports
... release its Gross Domestic Product (GDP) data for the third quarter of 2024. This indicator reflects the overall economic performance of the country. A higher-than-expected GDP growth rate may strengthen the Swiss franc and positively impact European markets, while a lower rate could have the opposite effect.
10:00 GMT: Eurozone – Preliminary Consumer Price Index (CPI) for November
The Eurozone's preliminary CPI measures the change in the price level of a basket of goods and services. It is a key indicator of inflation. Higher inflation readings may prompt the European Central Bank (ECB) to consider ...
Why Bitcoin May Not Reach $100,000: A Sober Perspective from the Founder of Open Oil Market
... volatility attracts short-term traders, but it also makes the asset less appealing to long-term investors, who prefer stability.
Bitcoin's high volatility creates fertile ground for manipulation. Major players, known as "whales," can impact the market, triggering sharp price fluctuations. This raises concerns that the excitement surrounding a potential increase in Bitcoin could turn into a "bubble," which may eventually burst. Sudden corrections could lead to losses for novice investors who were only anticipating ...
Ethereum Reinvented: Buterin's Proposal to Replace EVM with RISC-V
... volatility. On one hand, investor optimism regarding technological changes may boost demand. For instance, traditional investment flows into Ethereum remain strong (just last week, Ethereum ETFs received over $100 million in inflows). On the other hand, the market often "sells the news": some traders may offload coins out of fear regarding the complexities of migration. Therefore, sharp fluctuations in ETH price between the $1,600–$2,000 range can be expected in the weeks following the announcement.
In the long term,
much depends on implementation. If the simplification of the network proceeds smoothly and genuinely enhances efficiency, Ethereum could ...
An expert listed the benefits of reducing fuel excise taxes.
Tereshkin: Reducing fuel excise taxes in Russia could help increase the profitability of production (Prime).
Reducing excise taxes on fuel could boost the profitability of production and sales of petroleum products, as well as stop the rising prices. Sergey Tereshkin, the CEO of the fuel marketplace "Open Oil Market," pointed out that excise tax rates have increased significantly in recent years, which negatively affects the industry. He also suggested that the ban on gasoline exports could be lifted in November, provided retail prices are kept under ...
Neutral Arguments: How the Outcomes of the Negotiations in Alaska Affect the Russian and Global Economy
... expert Andrey Barkhota. By 2026, it may exceed $10 billion, given the active development of trade and economic relations between Russia and the U.S., he anticipates.
What Will Happen to the Oil Market?
On Friday, just before the Alaska summit, the oil market closed with declining prices. Brent lost 1.5%, trading at $66.12 per barrel. On Monday, analysts also anticipate a cautious price reaction to the meeting between the Presidents of Russia and the U.S.
In an interview with Fox News before the meeting with Vladimir Putin, Donald ...