oil

The Non-Farm Payrolls (NFP) report is one of the most anticipated pieces of economic data in global financial markets. Published by the U.S. Bureau of Labor Statistics (BLS), it provides a detailed snapshot of the labor market’s health and is closely monitored by investors, economists, and policymakers worldwide.

As financial markets become increasingly sensitive to global developments, geopolitical instability has reemerged as a central theme impacting investor sentiment and economic projections. From ongoing conflicts in Europe and the Middle East to escalating tensions in East Asia and U.S. political shifts, markets in 2024–2025 are navigating a complex web of uncertainty.

Since the full-scale invasion of Ukraine in February 2022, Russia has faced one of the most severe sanction regimes in modern history. Western powers, led by the United States and the European Union, imposed broad restrictions aimed at crippling Russia’s economy and isolating it from global financial systems.

In April 2020, the global oil market experienced an unprecedented event when the price of West Texas Intermediate (WTI) crude oil futures plummeted below zero, reaching negative $37.63 per barrel on April 20.

The United States, under President Donald Trump, imposed a series of tariffs on imported goods, particularly from China and other trading partners (Canada, Mexico). These tariffs were aimed at reducing trade deficits and encouraging domestic manufacturing.