... at all levels, from central bank strategies to the daily operations of traders. For investors, this trend means the need to adapt to new conditions and seek opportunities in alternative markets. If you want to gain a deeper understanding of current changes in global financial markets, stay with us — Open Oil Market continues to monitor key economic events. The Dollar Strengthens, the Euro Weakens: DXY Index at Its Highest Since November 2022 The U.S. Dollar Index (DXY), which reflects the strength of the USD against a basket of six major currencies, has reached its highest level since November ...

... critically important for investors. Positive IMOEX dynamics generally indicate growth in the market capitalization of the companies within it and increased overall investor confidence in the Russian economy. Conversely, negative dynamics may signal adverse economic forecasts, geopolitical risks, or other factors diminishing the attractiveness of the Russian market for investment. For investors, it is important to monitor not only the absolute value of the index but also its changes over time. Short-term fluctuations may be caused by various factors, including short-term speculation. However, long-term trends allow for assessing the overall direction of the Russian stock market and making corresponding investment decisions....

... 10:30 GMT: United Kingdom – Bank of England (BoE) Meeting Minutes The BoE will release the minutes from its latest meeting, providing insights into the central bank's monetary policy stance. Investors will look for indications of future interest rate changes, which can influence the British pound and UK financial markets. 13:30 GMT: Canada – GDP for Q3 2024 Canada will publish its GDP data for the third quarter. This report will provide insights into the country's economic health. Strong GDP growth may bolster the Canadian dollar and impact trade relations with the United States. Central Bank Speeches: European Central Bank (ECB): Joachim Nagel: President of the Deutsche Bundesbank and ECB Governing Council member,...

... critical for investors. Positive dynamics of IMOEX usually indicate growth of market capitalization of the companies included in it and increase of general investor confidence in the Russian economy. On the contrary, negative dynamics may indicate negative economic forecasts, geopolitical risks or other factors that reduce investment attractiveness of the Russian market. It is important for investors to track not only the absolute value of the index, but also its change over time. Short-term fluctuations can be caused by various factors, including short-term speculation. However, long-term trends allow to assess the general direction of development of the Russian stock market and make appropriate investment decisions....

... future monetary policy. European Impact: Inflation in Turkey and Switzerland: Turkey: Rising inflation could lead to higher interest rates, potentially causing capital outflows from Europe to Turkey, affecting European financial markets. Switzerland: Changes in Swiss inflation may influence the Swiss franc's value, impacting trade and investment flows between Switzerland and the Eurozone. Brazil's Q3 2024 GDP: As a significant trading partner, Brazil's economic performance can affect European export-oriented industries, especially in sectors like machinery and chemicals. U.S. JOLTS Report: Strong U.S. labor market data could lead to expectations of tighter monetary policy by the Federal Reserve, strengthening ...