... ruble exchange rate. How This Could Impact Markets The combination of so many significant events in one day can lead to heightened volatility in global markets. Investors' reactions will depend on whether expectations are met or if surprises occur: Currency markets: The morning release of the RBA minutes already slightly swung the AUD, while Bailey's speech influenced the GBP. If, for instance, Bailey hinted at more aggressive rate hikes, the pound could significantly strengthen, dragging euro cross rates ...

... A comprehensive law regulating digital assets has been passed at the federal level for the first time. President Donald Trump signed the GENIUS Act , establishing strict requirements for the issuance and backing of stablecoins (coins pegged to fiat currencies like Tether (USDT) or USD Coin (USDC)). The law mandates issuers to maintain 100% reserve backing for issued coins and adhere to high financial transparency, laying the groundwork for a sustainable market of stablecoins worth ~$250 billion. Concurrently, the Securities and Exchange Commission (SEC) launched the "Project Crypto"—a package of reforms to adapt financial rules to crypto assets. The regulator notably softens its approach: ...

... the first time at the federal level, a law regulating digital assets comprehensively has been passed. President Donald Trump signed the **GENIUS Act**, establishing clear requirements for the issuance and backing of stablecoins (coins pegged to fiat currencies such as Tether (USDT) or USD Coin (USDC)). This law lays the foundation for a stablecoins market valued at about ~$250 billion, requiring issuers to maintain full reserve backing and high transparency. Concurrently, the SEC has launched “**Project Crypto**” – a reform package aimed at adapting financial rules for crypto assets. The regulator ...

... attention in the conditions of economic instability and how it can become part of your investment portfolio. Silver bonds: what are they and how does the new investment instrument work in Russia? Silver bonds are a new financial instrument on the Russian market, introduced in 2024 by Seligdar. This type of bond is unique, because they are not denominated in rubles or another currency, but in grams of silver, which opens up new opportunities for investors. Let's look at what silver bonds are, what their features and advantages are, and also consider what makes them attractive in the current economic situation. What are silver ...

... micro factors overlapping. In the morning, Asian markets will react to statistics from China—any signs of export slowdown will heighten fears for global growth. The Bank of England's decision and comments will become the day's central event for the currency market and European assets, especially if the regulator surprises with the scale of a rate hike or unexpected softness/hardness in rhetoric. The imposition of U.S. tariffs adds to the nervousness: investors will evaluate the potential impact of tariffs ...