... risks lie, and which investment strategies will be most effective in the face of global uncertainty. Macroeconomic Forecast for 2025: Key Findings from the Macro Outlook 2025 Report The macroeconomic overview for 2025, presented in the Macro Outlook 2025 report, highlights global economic trends, risks, and prospects. This analysis provides investors, traders, and businesses with valuable insights into potential changes in financial markets, their impact on the economy, and opportunities for growth. Global Economic Trends Slowing Economic Growth The global GDP growth forecast for 2025 is approximately 2.7%. This ...

... reminder that monetary policy may need to stay tight for longer. Key ISM Indicators for April 2025 Below are the key indicators from the April ISM report for the US services (non-manufacturing) sector: Indicator April 2025 Forecast Previous (Mar 2025) ISM Services PMI 51.6 50.2 50.8 Business Activity Index 53.7 – 55.9 Employment Index 49.0 – 46.2 New Orders Index 52.3 – 50.4 Prices Index 65.1 – 60.9 Note: Values above 50 denote expansion, while below 50 signal contraction. Demand and Activity: New Orders Up,...

... towards an increased share of thermal energy and nuclear energy, while the contribution of hydropower has decreased due to natural conditions. Another important event for the sector has been the change in electricity tariffs in Russia. Since July 1, 2025, a planned price indexation for households and businesses has been conducted: average electricity and utility tariffs increased by 11–12% nationwide. This annual increase, mandated by the government, is intended to help energy companies offset inflationary costs and invest in maintaining infrastructure....

... encourages businesses to more actively utilize crypto payments. Other Industries : Crypto initiatives are also impacting traditional businesses beyond the finance sector. An American electronics manufacturer has invested heavily in BNB tokens for its treasury,... ... stablecoin issuance by banks), could bolster trust in the market. In a favorable scenario, experts do not rule out that by the end of 2025, Bitcoin and several leading altcoins may reach new historical highs. However, at present, many participants are adopting ...

... cryptocurrency market participants and stablecoins. The European approach provides uniform regulatory standards, attracting businesses to EU markets due to clear and transparent operational conditions. Asia: Asian countries are striving to strengthen ... ... for retail trading of digital assets; moreover, a comprehensive stablecoin law has been enacted (coming into effect in August 2025), attracting new market participants to Hong Kong. Singapore maintains a strict yet clear regulatory framework: a combination ...