Economic Calendar for the Week 27.01.2025 – 02.02.2025

Donald Trump, who took office as the US president last week, made his first decrees that left market participants feeling discouraged. His executive order imposing a 25% import duty on oil from Canada and Mexico, starting February 1, was expected to boost oil prices but instead led to a decline. Additionally, his executive order to expand offshore oil production along the US coast and in the Arctic region had a similar effect on prices. Trump also reaffirmed his goal to end the war in Ukraine, a