... Historical High and Corrects On the night of August 14, Bitcoin reached a new historical high of $124,533 on the Coinbase exchange and $124,474 on Binance against USDT. The previous record of $123,000 was set a month earlier. Following the peak, the price corrected by approximately 2% , falling below the $122,000 mark. Since the beginning of 2025, Bitcoin has risen by 30% . The market capitalization of the leading cryptocurrency exceeds $2.42 trillion , accounting for about 60% of the total ...

Tereshkin: Reducing fuel excise taxes in Russia could help increase the profitability of production (Prime). Reducing excise taxes on fuel could boost the profitability of production and sales of petroleum products, as well as stop the rising prices. Sergey Tereshkin, the CEO of the fuel marketplace "Open Oil Market," pointed out that excise tax rates have increased significantly in recent years, which negatively affects the industry. He also suggested that the ban on gasoline exports ...

... manufacturing, and increased demand for Chinese goods. Retail sales up Retail sales rose 3.8%, driven by subsidies aimed at stimulating consumption, particularly in electronics and automobiles. Trade surplus China posted a record trade surplus. However, falling prices for exported goods have been a negative factor, cutting into the profits of many Chinese companies. Challenges Facing the Chinese Economy Despite significant successes, the Chinese economy faces a number of serious problems: Trade Restrictions ...

... released before market open and which after market close). Monday, August 4, 2025 Key Economic Events: Public holidays in the UK and Canada (Bank Holiday, Civic Holiday) – trading on these exchanges will not take place. 09:30 (Switzerland): Consumer Price Index (CPI) for July. A key inflation indicator in Switzerland that may impact the Swiss National Bank's policy and the franc's exchange rate. 10:00 (Turkey): Consumer Price Index (CPI) for July. Inflation data in Turkey is crucial for assessing ...

... and reduce regulatory arbitrage arises. Discount Economics and Margins Raw Material Discount: Russian oil is sold at a differential to Brent/Dubai, covering long logistics. GRM of Indian Refineries: The spread between the cost of barrels and product prices remains attractive. European Diesel Shortage: Sustains premiums for middle distillates and demand for imports. The result is a stable "circle economy": India achieves high refinery utilization, Europe receives finished products, and Russia ...