... Economic Events: 09:00 GMT: Switzerland – GDP for Q3 2024 Switzerland will 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 ...

... potential shifts in supply. A rising rig count suggests increasing production capacity, which can put downward pressure on prices, while a decline signals tighter supply and potential price increases. Impact on Europe and the United States Europe: The UK GDP data will directly impact confidence in the British economy, influencing the pound sterling and government bond yields. Positive growth figures may signal resilience in key sectors, while weaker results could heighten concerns over the impact of inflation and high borrowing costs. The Eurozone’s industrial production data will provide insights into the health of manufacturing,...

The Central Bank of Russia expects GDP growth to slow to 2–3% in the fourth quarter of 2024, due to tighter monetary policy and high inflation. These measures could significantly affect the business climate, consumer activity, and investment strategies. In this article, I examine the reasons ...

... U.S., CPI data will also shape Fed rate expectations, impacting the dollar. Eurozone industrial production reflects economic activity; low results may put pressure on the euro, while stronger data may support equity markets. In Russia, an uptick in GDP growth could bolster Russian indices and the ruble, while high inflation may raise investor concerns and prompt the Central Bank to consider tightening policies. U.S. crude oil inventory data from the EIA will influence oil prices, affecting energy stocks ...

Rosstat reported a slowdown in Russia's GDP growth to 3.1% in the third quarter, while inflation remains high, reaching 8.54% in October. How will these economic trends affect the investment market? In the article, Sergey Tereshkin, CEO of Open Oil Market, shares his views on the impact of macroeconomic ...