... their dependence on the U.S. have begun developing alternative financial instruments, including transactions in national currencies. Decreasing Dollar Share in Reserves: Many central banks have started actively increasing their allocations in gold, yuan, and euros, reflecting the trend of dedollarization. Implications for the Global Economy The reduction of investments in dollar-denominated assets may impact several aspects of the global economy: Rise of Alternative Currencies: An increased share ...

... industrial production data, which will set the tone for Europe’s manufacturing outlook, and the Eurozone Investor Confidence Index, providing insight into market sentiment across Europe. In Asia, Japan’s leading economic index and China’s new yuan loans offer a glimpse into economic momentum, while U.S. consumer credit data will shed light on household spending trends. Stay informed as these events unfold and potentially influence global markets — all tracked by Open Oil Market! Monday,...

... exceeded supply by 9% (802,000 tons vs. 737,000 tons in lithium carbonate equivalent). The price drop also indicates a surplus: in September 2024, the exchange price of lithium carbonate in China—one of the largest lithium markets—dropped to 71,500 yuan per ton, while at the end of 2022, it was near 500,000 yuan per ton. The Market Moves into Surplus The shift in market balance is due to a sharp increase in supply. According to the Energy Institute, global production of lithium raw materials ...

... weakened amidst a range of internal and external factors. According to the Central Bank of Russia, the national currency ended the year with the following indicators: US Dollar Exchange Rate: +13.4% (ruble depreciation). Euro Exchange Rate: +7%. Chinese Yuan Exchange Rate: +6.8%. Main Causes of Ruble Depreciation Geopolitical Factors The introduction of new US sanctions against Russia in November 2024 dealt a serious blow to the economy. The sanctions affected key sectors and restricted access to international ...

... Markets U.S. Dollar: The dollar is projected to continue strengthening, with the euro expected to decline to $0.97 and the Mexican peso to 23 pesos per dollar by 2026. Currencies of Developing Countries: The Mexican peso, Brazilian real, and Chinese yuan are anticipated to encounter significant pressure due to tariffs and slowing growth. A new political era in the U.S. will have a pronounced impact on the global economy. Tariff policies, the easing of monetary policies in developed nations, and slowing ...