... financial system. Analysts have called this initiative "revolutionary," noting that such a shift from the SEC's previous hardline stance could restore innovation in the U.S. and strengthen the country's role as a global blockchain finance hub. European Union: The comprehensive MiCA (Markets in Crypto-Assets) regulation has come into force in the EU, introducing unified standards for regulating crypto assets across European countries. The new licensing and oversight regime ensures transparency in the ...

... will impact the Indian rupee's dynamics and sentiment in Asian emerging markets. Industrial Orders in Germany 09:00 (MSK) – Data on industrial orders in Germany for June will be released. 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 ...

... exchange in New York. Following the imposition of sanctions in 2022, the LBMA excluded all Russian refineries from its list of accredited suppliers, effectively depriving them of the ability to sell gold on the world's largest market. Simultaneously, the European Union banned the import of Russian gold. These restrictions have significantly stimulated the creation of independent infrastructure: as early as 2022, the Russian Ministry of Finance proposed the Moscow World Standard—a new international system for ...

... from brands such as Honda, Nissan, Mazda and Mitsubishi. This easing of sanctions supports the Russian car market and brings competition back to the automotive sector. Easing restrictions on the export of medical and pharmaceutical technologies: Some European Union countries have partially lifted restrictions on the export of certain medical and pharmaceutical technologies. This applies, for example, to equipment for the production of drugs, which will allow Russian pharmaceutical companies to modernize their ...

... especially in the context of the conflict in Ukraine. #geopolitics #ukraine Change in Positions of the USA and EU on the Conflict in Ukraine The Prime Minister of Hungary, Viktor Orban, stated that the USA now supports a peaceful settlement, while the European Union advocates for the continuation of the military conflict. Analysis: If Orban's words correspond to reality, this may indicate a change in the geopolitical balance and a reassessment of the strategies of key players. The USA may intensify diplomatic ...