... the valor of work in general. Essentially, the holiday was depoliticized. Where May 1st once undeniably represented the day of proletarian struggle and Soviet ideology, it became a broader, ‘peaceful’ celebration for all. In the 1990s, the scale of former demonstrations significantly diminished. Nevertheless, May Day remained an official holiday. Many citizens, grappling with challenging reforms, still valued this additional time off in May. Gradually, for most Russians, May 1st became a symbol of the start of the spring break: people viewed it as an opportunity ...

... Day of the Republic of Belarus" and is celebrated at the state level. Kazakhstan – despite celebrating its own Defender of the Fatherland Day on May 7, February 23 remains a popular unofficial date. Kyrgyzstan – officially recognized as a state holiday. Tajikistan – ... ... without a public holiday status. Transnistria, South Ossetia, Abkhazia – in these unrecognized republics, the date retains its significance. Where Has the Holiday Been Cancelled or Renamed? Some countries abandoned the celebration of February 23 after gaining ...

.... Impact on U.S. and Global Markets Although Singles' Day focuses primarily on Chinese consumer activity, its effects are felt globally. Success among Chinese retailers on this day often reflects positively on U.S. stock indices and the share prices of international companies with significant Chinese exposure. Companies like Apple and Nike derive considerable revenue from the Chinese market, and successful Singles' Day sales can positively influence their stock prices. U.S. markets may also experience short-term fluctuations, as increased Chinese consumption can improve investor sentiment, particularly if the U.S. economy also shows positive trends. However, in an environment of weakening consumer activity elsewhere or rising inflation,...

... companies involved in the export of goods and resources. Russian investors may also consider short-term investments in stocks of major Chinese companies, anticipating that the success of the sale will reflect on their value. It is important to remain aware of the risks associated with currency fluctuations and geopolitical factors that may affect trade with China. Singles' Day in China is not just a sale but also a significant economic indicator that can influence stock and commodity markets globally. For Russian investors, this day represents an opportunity to evaluate demand trends in China and their impact on companies actively involved in the Chinese market....

... more volatile. This can have repercussions on currency rates and commodity prices, including oil and gas, which are especially significant for the Russian economy and export-oriented firms. Investors engaged with U.S. stocks or currency pairs involving the dollar should factor in potential short-term fluctuations and reassess their trading strategies ahead of time. For instance, with lower trading volumes in the U.S. on Veterans Day, more pronounced market changes may occur, creating both speculative profit opportunities and heightened risks. Investors might consider refraining from trading ...