Tuesday, November 19, 2024: Key Economic Events for Investors

... especially if they hold assets in affected currencies or sectors. Statements on inflation and economic resilience will be particularly relevant for those holding European and U.S.-based securities. U.S. API Oil Inventories At 00:30 GMT, the American Petroleum Institute (API) will release data on U.S. oil inventories. Changes in inventory levels can influence oil prices, an important factor for energy investors. Impact on Markets: Lower inventories may boost oil prices, benefiting energy stocks, while higher inventories could place downward pressure on prices. Given the global significance of oil, these data can also indirectly influence other energy-dependent markets....

Modified: 11/18/2024
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