Weekly Economic Events Calendar for U.S. and Russian Traders (November 18 – 22, 2024)

... and Canadian dollar. Statements on the Ukraine situation could impact European indices. Wednesday, November 20 Markets Closed in Brazil China LPR Rate — 04:15 MSK: China’s prime lending rate will indicate Beijing’s economic priorities. Key Economic ... ... MSK: Influences rate decisions and the pound. Germany PPI (October) — 10:00 MSK: Indicates producer price trends, hinting at inflation. U.S. EIA Crude Oil Stocks — 18:30 MSK: Oil stock data could impact energy prices. Russia Weekly Inflation — 19:00 MSK: A crucial measure for assessing Russia’s economic stability. Focus Points: Oil inventory ...

Modified: 11/18/2024
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Frozen Deposits in Russia: How Real Is the Risk? How to Protect Your Savings Amid High Interest Rates

... how you can safeguard your savings. Historical Examples of Deposit Freezes in Russia Russia has faced several financial crises that included deposit freezes or devaluation... ... 1991: The collapse of the USSR led to hyperinflation and the devaluation of savings in Sberbank accounts, effectively wiping out household wealth. 1998 Crisis: The ruble’s... ... Restrictions on cash withdrawals and temporary freezing of savings accounts were introduced. Inflation soon eroded the value of these deposits, devastating household finances. These...

Modified: 11/26/2024
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Monday, November 18, 2024: Key Economic Events of the Day

... in emerging markets, including Russia. Recommendations: Investors should watch for any decisions on energy as they may impact Russia’s oil and gas exports. Positive comments on global stability could strengthen emerging-market currencies and support ... ... uncertainty. Bank of Japan Governor: May outline economic stimulus plans for Japan amid yen weakness. Kent (Australia): Comments on inflation and economic resilience in Australia could influence the Australian dollar. Christine Lagarde (ECB) and ECB Representatives: The ECB President is expected ...

Modified: 11/18/2024
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