... economy, global reliance on the dollar could weaken if more countries begin to adopt alternative arrangements for trade and investment. Potential Implications for Russia and BRICS Nations For Russia and the other BRICS nations, exploring currency alternatives ... ... example, have already made strides toward settling transactions in rubles and yuan. Comment from Sergey Tereshkin, CEO of Open Oil Market Sergey Tereshkin, CEO of Open Oil Market , shares his perspective: "Putin’s comments on the dollar and a potential ...

... corporate earnings reports in the USA, although several interesting publications may attract investor attention: Deere & Co (DE) – a global leader in agricultural and construction equipment – will report its Q3 2025 financial results (before the US market opens). Deere's results traditionally serve as an indicator of investment activity in the real sector: high sales of tractors and combines indicate the prosperity of farmers and the construction sector, while weak indicators may suggest that businesses are cutting equipment expenses in the face of rising costs and ...

... domestic companies and entrepreneurs have the opportunity to conduct currency transactions more safely and efficiently, without fear of sharp fluctuations in the exchange rate. For my project, this opens up additional prospects, since a stable currency market makes it easier to plan settlements and long-term strategies. In my opinion, the decision to create its own currency platform shows that Russia is striving for maximum autonomy in the financial sector. This will have a positive impact on the country's investment attractiveness, because having its own currency exchange demonstrates the independence and stability of the economy. Supporting domestic financial transactions and reducing the influence of external factors allows businesses to develop more ...

... Russia? The banking services sector in Russia is currently under close scrutiny, with the Central Bank revoking the license of BCF (Bank of Corporate Financing), a decision that has sparked widespread discussion about the state and prospects of the market. At the same time, interest rates on deposits and investments are significantly increasing, leaving many questions about how long this trend will persist and what it will bring to banks and their clients. In this article, we will explore the reasons behind the current situation, the impact of key factors,...

... from the Eurozone will provide insights into the region’s manufacturing strength, while in Asia, China’s trade balance figures offer a pulse on global demand. Additionally, the EIA’s oil inventory report in the U.S. will be pivotal for energy markets. These indicators could set the tone for markets across sectors — stay informed with Open Oil Market! Wednesday, November 13, 2024: Key Economic Events for Investors 1. European Market Events United Kingdom Consumer Price Index (CPI, October) ...