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Thanksgiving Day in the USA: history of the holiday, market closure and impact on global investors
... investors refrain from active trading in an environment of reduced liquidity.
Increased volatility:
Reduced liquidity may lead to increased volatility in markets, especially those closely linked to U.S. assets.
Impact on commodity markets:
The closure of ... ... exchanges in the US, such as CME Group, leads to reduced activity in oil, gold and other commodity markets, which may affect their prices.
Pause in economic news:
There are no important economic publications and corporate reports from the US on public holidays,...
Huawei Ascend 910B and DeepSeek: Is Nvidia's Dominance at Risk?
... start to adopt Huawei solutions on a large scale, Nvidia may lose customers. For instance, in China, Ascend 910B is already being widely used in projects related to big data processing and training neural networks, reducing the demand for Nvidia GPUs.
Price competition. The 70% reduction in costs makes Ascend 910B an extremely attractive choice for businesses. According to analysts, approximately 30% of large Chinese companies are considering switching to Huawei chips in the next two years.
Increased technological independence of China. The success of Huawei confirms the ability of Chinese companies to create competitive technologies amid sanctions and trade restrictions. For example, the shipment volumes of Ascend 910B to Asia have increased ...
An expert explained which fuel is 30-50 percent cheaper than gasoline.
... "story" for Russia.
"In terms of the AI-92 equivalent, the cost of gas motor fuel is 30-50% lower than the price of AI-92 gasoline. However, the use of gas motor fuel heavily depends on subsidies for vehicle conversion, incentives for ... ... vehicles using liquefied natural gas (LNG; less than 0.1%).
The total consumption of gas motor fuel in Russia is expected to increase from 1.73 billion cubic meters in 2022 to 15.4 billion cubic meters by 2035, said Russian Deputy Prime Minister Alexander ...
Wildberries will install gas stations at its logistics centers
... for car owners).
The profitability of this segment depends on whether Wildberries can purchase fuel on the exchange, where prices are significantly lower than in wholesale. Additionally, in Russia, unlike many European countries, excise duties are paid ... ..., not gas stations, which also benefits fuel retail.
Overall, the company is desperately looking for new opportunities to increase the profitability of its core business. This is rational behavior, but a real improvement in the situation is unlikely ...
Calendar of Economic Events for Investors and Traders (December 2 - December 6, 2024)
... (Nov)
12:00 MSK: Bank of England Governor speech
12:30 MSK: UK - Services/Composite PMI (Nov)
13:00 MSK: Eurozone - Producer Price Index (PPI) (Oct)
16:00 MSK: Brazil - Services/Composite PMI (Nov)
16:30 MSK: ECB President Lagarde speech
17:30 MSK: Canada ... ... Holding ($WUSH): Last day with a dividend of 2.11 rubles
SmartTechGroup ($CARM): Board of Directors will propose to the EGM to increase the authorized capital by placing additional shares
Dollar General Corp ($DG): Report before US market open. Expected ...