... growth. Impa ct on Europe and the United States Europe: OPEC’s report and EIA crude oil data will directly influence energy costs in Europe, affecting both industries and households. Higher oil prices could exacerbate inflationary pressures in the Eurozone, increasing the European Central Bank’s challenge in maintaining a balanced policy. United States: U.S. CPI will serve as a benchmark for Federal Reserve policy. A high reading could lead to further rate hikes, potentially cooling economic ...

... manufacturing sector. However, there is no need for despair. Experts are convinced that the economy could show growth in the second half of the current year. This is linked to an increase in China's GDP, which, in turn, could lead to positive shifts within the Eurozone. Changes should affect the investment sector. What should entrepreneurs expect? And what risks will they have to face? To delve into this, the founder of "Oil Resource Group," Sergey Tereshkin, has taken the initiative. The businessman ...

... interest rate increases. These indicators have the potential to influence currency exchange rates, stock indices, and commodity prices. For instance, a low PPI in Japan may weaken the yen, stable inflation in Germany could bolster confidence in the Eurozone, while the IEA's and EIA's data may directly affect oil quotations and the shares of commodity companies. Key Corporate Earnings Reports This day will feature earnings reports from several major companies around the world. In the United States,...

... reduced global demand for European exports, particularly in industrial machinery and luxury goods. Additionally, subdued activity in Asia might lead to increased pressure on the European Central Bank (ECB) to maintain a dovish stance to support the Eurozone’s recovery. United States: Inflation expectations in the U.S. remain a critical factor for Federal Reserve policy. If consumers anticipate rising inflation, this could bolster expectations for further interest rate hikes. Meanwhile, China’s ...

... economic resilience. Revised expectations for Federal Reserve monetary policy, which may keep rates high longer than previously anticipated. Increased demand for safe assets amid global uncertainty. Euro Weakness: Slowdown in economic activity in the Eurozone, particularly in key countries like Germany and France. Decreased expectations for further rate hikes by the European Central Bank due to easing inflationary pressures. What Should Traders Focus On? Support levels for EUR/USD are around 1.05,...