Month: November 2024

What to Expect from the OPEC JMMC Meeting on December 1, 2024

What is the OPEC JMMC Meeting? The OPEC Joint Ministerial Monitoring Committee (JMMC) is a key event where OPEC members and their allies review and assess oil production levels. The committee ensures that the agreements made in prior OPEC meetings—such as those related to production cuts or adjustments—are being adhered to by member nations. During […]

What is the Beige Book? The Beige Book, published by the Federal Reserve, is an in-depth report on economic activity across the 12 Federal Reserve Districts. It compiles qualitative data from businesses, economists, and analysts, offering a snapshot of the economy’s pulse. For online traders, it’s an indispensable resource for understanding regional economic variations and […]

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