... amid tightening financial conditions. Conversely, resilient industrial production would signify that Turkish businesses are adapting to the new circumstances. Investors in the region are closely monitoring Turkish data, as Turkey is a major emerging market, and trends there may impact the overall risk appetite in the EM segment. Russia: External Trade Balance and Sberbank Results 16:00 (MSK, Russia): The publication of Russia's external trade balance for June will be released. Previous months showed a reduction in the trade balance surplus compared to previous years, although it remains substantial. New figures will reflect the situation with exports ...

... outrage from the president and caused a scandal within his circle. In a follow-up message, Trump added Bitcoin and Ether to his list; however, the political incident had already drawn the attention of investors and regulators. Immediately following the publication, the prices of the mentioned cryptocurrencies surged sharply, and the overall market capitalization of digital currencies increased significantly. The event demonstrated how closely intertwined politics is with investments in digital assets: many institutional investors redirected their focus to the cryptocurrency market. The incident ...

... these initiatives are under review by regulators and could receive the green light in the coming months. An increasing number of public companies are adding Bitcoin to their treasury reserves as a long-term asset, reinforcing its status as "digital gold" ... ... enhance the integration of cryptocurrencies into the mainstream financial system and reduce uncertainty for institutional players. Market Outlook Historically, the end of summer often accompanies corrections or sideways dynamics in the crypto market, and this ...

... public on Nasdaq through a merger with a SPAC, aiming to raise $1.6 billion backed by Ethereum. This example illustrates the drive of traditional capital to gain access to digital assets. The Return of the IPO Market Following a lull in 2022-2024, the market for initial public offerings (IPOs) of tech companies is beginning to revive. In the first half of 2025, several high-profile startup debuts on the stock exchange have inspired the venture market. These include fintech company Circle, operator of the USDC stablecoin,...

... submitted applications in July for the launch of spot Bitcoin ETFs and Ethereum ETFs, which are currently under review by regulators. Experts expect that approval for these products could occur in the coming months, providing access to the cryptocurrency market for even more conservative investors through familiar exchange-traded instruments. Furthermore, an increasing number of public companies are adding Bitcoin to their treasury reserves as a long-term strategic asset, reinforcing BTC's status as a protective instrument in the corporate sector. Overall, the ongoing institutionalization of the industry serves as a foundation ...