... session of the week, intertwining trade war risks, signals from central banks, and corporate surprises. Friday, August 8, 2025 Key Economic Events: USA–Russia: The deadline set by the U.S. President for resolving the conflict in Ukraine expires. Donald Trump had previously threatened to impose new sanctions against Russia by this date if no progress is made. The markets in the CIS and the ruble's exchange rate will be particularly sensitive to possible sanction news. 20:00 (USA): Baker Hughes data on ...

... similar picture is observed with natural gas: significant volumes of LNG are arriving in China from Qatar, Australia, and the spot market, effectively bypassing American gas. Simultaneously, Washington is intensifying pressure on Russia. President Donald Trump threatened to impose 100% tariffs on countries buying Russian oil to limit Moscow's revenues and accelerate the cessation of the conflict in Ukraine. These statements create uncertainty regarding the future of substantial volumes of Russian exports ...

... between the EU and Washington: a principle agreement is expected to be announced this weekend, which would avoid the imposition of increased tariffs from August 1. The meeting between European Commission President Ursula von der Leyen and President Donald Trump, scheduled for Sunday in Scotland, is intended to cement this trade compromise. The prospect of resolving the dispute supports the European market: despite industrial difficulties, hopes for the swift removal of barriers and ongoing business adaptation ...

... different jurisdictions aimed at integrating cryptocurrencies into the legal framework and reducing uncertainty for market participants: USA: American authorities have taken a number of historic steps in regulating the crypto sector. President Donald Trump recently signed the first federal law directly regulating stablecoins (referred to as the GENIUS Act ), which requires issuers to maintain 100% reserves for issued stablecoins and undergo regular audits. Following a series of notable legal defeats ...

... international trade relations. In light of new challenges in global trade, an increasing number of companies mention the impact of tariffs and barriers in their reports. The focus is on negotiations between the USA and the European Union. President Donald Trump's administration has intensified its rhetoric concerning import tariffs; however, by August 1, positive shifts are emerging: Washington and Brussels are close to an agreement that could prevent the imposition of large new tariffs. Earlier in the ...