KN Market View 2024-11-24

Main Topics
Key Events - Beijing is deepening its economic engagement with Latin America.

Government Bonds and Currencies - Recent events increased pressure on the ruble.

Commodities - IEA’s prediction on oil surplus for 2025 estimated more than 1 million bpd of exceeding supply.

Stocks - Earnings reports boost US market performance.

Crypto - Altcoins Take Center Stage as Bitcoin Approaches $100,000 Milestone

Weekly Paper Picks - Oversupply Could Mute Effects of Wider Middle-East Conflict on Oil Prices.