... Recommendations: If stable, demand for Russian oil and gas could stay strong. Consider energy futures for potential price rises. U.S. Oil & Gas Inventory Reports Why it matters: API and EIA data show U.S. energy supply-demand balance. Recommendations: Lower inventories could push oil prices up, benefiting ruble and Russian oil firms. U.S. Unemployment and PMI Data Why it matters: Strong data supports a hawkish Fed policy, likely raising the dollar and impacting risk assets. Recommendations: Strong data could suggest dollar strength ...

... for U.S. and global exports, particularly in consumer goods. Natural Gas Inventories (U.S., 6:30 PM MSK): Changes in U.S. gas inventories could influence global energy markets. Significant shifts might affect European gas prices, especially during the ... ... 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, ...

... bring over 200,000 barrels per day back to the market. The increase in supply, along with ongoing risks of a slowdown in the global economy, exerts a "cooling" effect on prices. Macroeconomic Factors. At the end of the last week, commercial oil inventories in the U.S. decreased more than expected, indicating resilient demand and preventing a sharp drop in prices. At the same time, expectations of monetary policy easing in major economies fuel investor interest in commodity assets, including ...

... Complements the picture of the state of the American services sector. 17:00 (USA): ISM Services Index (July). A key indicator of the services sector's state in the U.S.; special attention on employment and price components. 23:30 (USA): API report on weekly oil inventories. Unofficial data from the American Petroleum Institute could influence oil prices ahead of the official report. Corporate Earnings: Before market open: Caterpillar, Pfizer, BP, Eaton Corporation, Siemens Energy. The morning block features ...

... dollar exchange rate and trade sentiment); 4:00 PM – S&P/Case-Shiller Home Price Index (snapshot of the U.S. real estate market); 5:00 PM – CB Consumer Confidence Index and JOLTS Job Openings (two metrics on U.S. economic health); 11:30 PM – API oil inventory report (important for the oil market and inflation expectations). In addition to macroeconomic statistics, July 29 will see a substantial issuance of corporate reports. The focus will be on reports from companies across various sectors, ...