Thanksgiving Day in the USA: history of the holiday, market closure and impact on global investors

... Impact on commodity markets: The closure of commodity 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 ... ... e-commerce-related companies. Thanksgiving is not only an important cultural holiday in the U.S., but also an event that impacts global financial markets. Investors should consider the closing of U.S. markets on this day and plan their trading strategies ...

Modified: 11/27/2024
Path: Home / Blog
Thanksgiving in the USA: History, Market Closures, and Global Investor Impact

... international exchanges may decrease, as many investors pause activities during the holiday. Potential Volatility: Lower liquidity can lead to increased volatility in certain markets, particularly those closely linked to U.S. financial instruments. Commodity Market Effects: The suspension of trading on U.S. commodity exchanges, such as the CME Group, can impact global commodity prices, including oil and gold. Economic Data Release Delays: Key economic indicators and corporate earnings reports from the U.S. are typically not released on Thanksgiving, leading to a temporary lull in market-moving information. The day after Thanksgiving, known as ...

Modified: 11/26/2024
Path: Home / Blog
Oil Business: A Story Of The Founder Of OilResurs Company

... him, we found out how he managed to reach such heights. Sergey Tereshkin Founder of Oil Resource Group LLC Fuel Company When did an idea of your own business come to you... ... 5th grade I wrote in the essay that I wanted to be a speculator. I often went to the market and remembered the word “speculative activity”, i.e. when you buy cheap and... ... forward. Yes, it’s an earthly incentive. Then I realized that I wanted to build a global company like Glencore. And then this idea inspired me. I began to work for my...

Modified: 07/18/2019
Path: Home / Blog
Monday, November 18, 2024: Key Economic Events of the Day

... could influence the S&P 500, NASDAQ, and other major indices. Impact on Russia: Strong results from technology and consumer companies may bolster global indices, positively impacting the Russian stock market and interest in Russian equities. Oil Prices: Oil markets will be in focus as G20 leaders meet. Any signals regarding global oil demand could affect prices, crucial for Russian exporters. Recommendations: Russian investors trading in oil should prepare for price swings based on news about global demand and supply. Positive signals for demand could support the ruble and ...

Modified: 11/18/2024
Path: Home / Blog
Tuesday, November 19, 2024: Key Economic Events for Investors

... market trends and macroeconomic conditions. Investors should pay close attention to geopolitical discussions, inflation data, central bank comments, and corporate earnings for a comprehensive market view. Commentary by Sergey Tereshkin, CEO of Open Oil Market: Global and regional economic events today serve as a reminder of the importance of monitoring geopolitical and economic changes to make informed investment decisions. While European inflation data and central bank comments will provide direction for the ...

Modified: 11/18/2024
Path: Home / Blog
Weekly Economic Events Calendar for U.S. and Russian Traders (November 18 – 22, 2024)

.... Consumer Inflation Expectations — 18:00 MSK: Future inflation gauge. Baker Hughes U.S. Rig Count — 21:00 MSK: Measures oil and gas industry activity. Focus Points: PMIs and German GDP will reveal economic health in Europe. U.S. consumer sentiment could affect stock markets. Recommendations for Russian Traders for the Week (November 18 – 22, 2024) This week is packed with impactful economic and political events that could significantly affect both global and local markets. Russian traders should focus on key publications and statements to make the most of currency, commodity,...

Modified: 11/18/2024
Path: Home / Blog
Wednesday, November 20, 2024: Key Economic Events of the Day

On November 20, 2024, global financial markets are poised for significant movements as key economic indicators and corporate earnings reports are released. Investors should pay close attention to China's Loan Prime Rate announcement, inflation data from the UK and Germany, U.S. crude oil inventory levels, and speeches from central bank leaders. Additionally, major corporations such as NIO, Target, TJX, Wix.com,...

Modified: 11/19/2024
Path: Home / Blog
Thursday, November 21, 2024 Key Economic Events

... Consumer Confidence: Weak sentiment in Europe might dampen demand for U.S. exports and influence trade balances. Energy Markets: U.S. natural gas inventory changes could affect European energy prices and security. Investor Recommendations Commodities: Oil and Gas: Monitor central bank decisions in Turkey and South Africa, as these could impact emerging market currencies and, subsequently, global commodity prices. Currency Markets: U.S. Dollar: Economic data, such as jobless claims and manufacturing indices, could strengthen the dollar, influencing currency pairs involving the euro and emerging market currencies. Tech Sector: Baidu Inc ...

Modified: 11/20/2024
Path: Home / Blog
Weekly Economic Events Calendar for U.S. and European Traders (November 25–29, 2024)

... economic health. 20:00 GMT: U.S. – Federal Open Market Committee (FOMC) Meeting Minutes. Investors will look for hints on future Federal Reserve actions. 21:30 GMT: U.S. – API Weekly Crude Oil Stock Report. Changes in oil inventories can influence oil prices. ECB Speech: McCaul from the ECB is scheduled to speak. Impact on U.S. and Europe: China's monetary policy decisions can influence global demand for commodities, affecting European exporters. U.S. housing and consumer confidence data can impact market expectations for economic growth, influencing both U.S. and European markets. The FOMC minutes may provide insights into future interest rate paths, affecting global financial conditions. Wednesday, November 27 04:00 GMT: New Zealand – Reserve ...

Modified: 11/25/2024
Path: Home / Blog
Wednesday, November 27, 2024: Analysis of Key Events and Reports

... European goods and services. 22:00 GMT: USA – FOMC Meeting Minutes Release The minutes from the Federal Reserve's meeting contain information about plans to change interest rates. If the Fed plans to raise rates, it could strengthen the dollar and lower oil prices, impacting European exporters and global markets. 00:30 GMT (November 28): USA – API Weekly Crude Oil Stock Report Changes in oil inventories can affect global oil prices. A decrease in inventories usually leads to higher prices, which is important for energy markets in both Europe and the ...

Modified: 11/26/2024
Path: Home / Blog
Friday, November 22, 2024 Key Economic Events

... in industrial prices can impact the Canadian dollar and commodity markets. Corporate Earnings Reports Alibaba Group (BABA): The quarterly earnings report will shed light on trends in the Chinese e-commerce sector, potentially influencing global tech market sentiment. PetroChina (PTR): As a major player in the energy sector, its financial results will provide insights into global oil demand and pricing trends. Deere & Company (DE): Reporting on agricultural machinery sales, these results could indicate the state of global agricultural investments. Impact on Europe and the U.S. European Markets: Robust PMI data from Germany and ...

Modified: 11/21/2024
Path: Home / Blog
Tuesday, November 26, 2024: Analysis of Key Events and Reports

... outlook and potential monetary policy adjustments. Investors will scrutinize these details for indications of future interest rate changes. 00:30 GMT (November 27): USA – API Weekly Crude Oil Stock Report Changes in crude oil inventories can influence global oil prices, affecting energy markets and related sectors. Corporate Earnings Reports: Pre-Market (Before U.S. Market Opens): Kohl's Corp (KSS): A major U.S. department store chain. Expected revenue decline of 5.0% year-over-year may indicate challenges in the retail sector. Best ...

Modified: 11/25/2024
Path: Home / Blog
Frozen Deposits in Russia: How Real Is the Risk? How to Protect Your Savings Amid High Interest Rates

... stable banking system, deposit freezes have been used as an emergency economic measure. Global Examples of Deposit Freezes Deposit freezes are not unique to Russia. International... ... wealth. Increased Volatility: A freeze could trigger currency depreciation, heightened market instability, and surging inflation. How to Protect Your Savings: Practical Strategies... ... institutions, focusing on large or state-backed banks to reduce risk. Sergey Tereshkin, Open Oil Market: My Thoughts on Financial Security As the founder of Open Oil Market, I remain...

Modified: 11/26/2024
Path: Home / Blog

Sorted by relevance | Sort by date