... pan-European STOXX 600 index rose by about 0.5% over the final sessions, bouncing back from external risk concerns. The main news was the agreement reached between Washington and Brussels, which allowed for the avoidance of new elevated US tariffs on EU goods starting August 1. This move has eased the situation in global trade: the threat of a large-scale tariff war looming over European manufacturers (especially in the automotive sector) has receded. Shares of major European automakers (such as Volkswagen,...

... barrels per day, a 1% increase compared to the 2024 figure. By 2030, they estimate that demand will reach 108 million barrels per day due to increased consumption in Asia, especially in China and India. Oil consumption in developed countries (USA, Japan, EU countries) will remain stable. Sergey Tereshkin, founder and CEO of the oil products marketplace OPEN OIL MARKET: According to the forecast by the U.S. Energy Information Administration (EIA), oil production in the U.S. is expected to increase ...

... This indicator reflects demand for manufacturing goods in the European Union's largest economy. Trends in German industrial orders provide insights into the state of Europe's industrial sector: an increase in orders would bolster optimism regarding the EU economy, while a decline could heighten recession fears and influence the euro's exchange rate. Bank of Russia Meeting Minutes 16:00 (MSK) – The Bank of Russia will publish the minutes from its last key rate meeting. The document will reveal details ...

... conflicts and migration crises increase uncertainty. Regulatory Changes Many countries are tightening environmental and financial regulations, requiring adjustments to business strategies and investments. For instance, new carbon emissions rules in the EU could impact companies in the energy and transportation sectors. Climate Change Natural disasters and heightened awareness of climate issues prompt investors to consider ESG factors when building portfolios. This is particularly relevant for companies ...

... development. This model should exclude unilateral barriers and manipulations, ensuring equal opportunities for trade and investment. As an example of the negative consequences of unilateral decisions, Putin cited the situation in energy. He stated that the EU's rejection of Russian gas has cost the EU economy approximately €200 billion in direct losses, not counting the indirect effects. Thus, attempts to pressure Russia through sanctions and restrictions, according to Putin, backfire on the initiators ...