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Thanksgiving Day in the USA: history of the holiday, market closure and impact on global investors
... Thursday in November. Traditionally, on this day families gather around a festive table, the centrepiece of which is a roasted turkey. The holiday is accompanied by parades, sporting events and charity events. Closing of financial markets on Thanksgiving Day On Thanksgiving Day, all major financial markets in the United States, including the New York Stock Exchange (NYSE) and NASDAQ, are closed. This is because the holiday is an official day off, giving market participants the opportunity to spend time with ...
Modified: 11/27/2024Path: Home / Blog
Thanksgiving in the USA: History, Market Closures, and Global Investor 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 Black Friday, marks the beginning of the holiday shopping season in the U.S. Retailers often offer significant discounts, leading to a surge in consumer spending. For investors, Black Friday serves as an indicator of consumer confidence ...
Modified: 11/26/2024Path: Home / Blog
Thursday, November 28, 2024: Analysis of Key Events and Reports
On Thursday, November 28, 2024, several key economic indicators and central bank communications are scheduled, which may influence market dynamics in Europe and the United States. Notably, U.S. markets will be closed in observance of Thanksgiving Day, potentially affecting global liquidity and volatility. Investors should pay close attention to the Eurozone Consumer Confidence Index, Germany's preliminary Consumer Price Index for November, and speeches from European Central Bank officials, as ...
Modified: 11/26/2024Path: Home / Blog
Weekly Economic Events Calendar for U.S. and European Traders (November 25–29, 2024)
... The release of U.S. GDP and PCE data will provide insights into economic growth and inflation, influencing Federal Reserve policy expectations. German consumer climate data can affect the euro and European market sentiment. Thursday, November 28 U.S.: Thanksgiving Day – Markets Closed. 13:00 GMT: Eurozone – Consumer Confidence for November. 14:00 GMT: Turkey – Central Bank Meeting Minutes. 15:00 GMT: Germany – Preliminary Consumer Price Index (CPI) for November. Central Bank Speeches: Bullock from the Reserve ...
Modified: 11/25/2024Path: Home / Blog
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