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EU Sanctions Package and Global Economic Meetings

The EU is preparing to implement its 22nd sanctions package targeting Russia. Today marks the beginning of the annual meetings of the IMF, World Bank, and global central bankers. The World Petroleum Congress is set to commence in Riyadh. In the United States, stock markets will remain open for Columbus Day, but bond trading will be suspended. Japan, Brazil, and Canada are also observing national holidays, resulting in no trading activities. Additionally, India's consumer inflation figures will be released at 1:30 PM MSC, followed by Russia's trade balance report at 4 PM MSC.

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