... indicators of market conditions. Special attention will also be focused on Baker Hughes' report on the number of drilling rigs, which will provide insights into the oil sector's status. The anticipated reaction of stock indices such as the S&P 500, Euro Stoxx 50, and Nikkei 225 will impact global markets. Read our article for insights on the repercussions of these events. Economic Events and Company Reports — Friday, August 8, 2025 — Geopolitics, Trump's Ultimatum, Baker Hughes Report, Quarterly ...

... strong corporate earnings – reinforced the view that the Fed is unlikely to rush into rate cuts. Consequently, the dollar ended the week at roughly the same level as the previous week, interrupting the weakening phase seen earlier in the month. The euro remained virtually unchanged against the dollar over the week, consolidating around the $1.17 level. The restrained tone of the European Central Bank and the lack of new drivers led to sideways dynamics in the euro/dollar pair. The British pound ...

... meeting on July 24, keeping the refinancing rate at 2.1% and signaling that the rate hike cycle is nearing its end. The ECB’s softened rhetoric, combined with signs of cooling in the economy, led to a slight decrease in bond yields in Europe. The euro strengthened against the dollar over the past few days, taking advantage of weaker US data and the Fed's pause: the EUR/USD exchange rate has climbed to above $1.19. On national markets in Europe, dynamics were mixed. The German DAX index gained ...

... according to reports, has commenced a soft launch of its blockchain-based platform at the end of September. In anticipation of its official market debut next week, the company announced the completion of a seed funding round amounting to 3.1 million euros. Besides Munich-based venture fund yabeo as the lead investor, two family offices from Germany also participated. Brickwise intends to utilize the raised capital for marketing and further product development. "Our vision is to make real estate ...

... transfers. In the Ripple ecosystem, it acts as a bridge asset between different currencies: for example, a bank in one country can convert its dollars into XRP, send it through the RippleNet network, where the other party instantly converts the XRP back to euros. This eliminates the need to hold reserves of various currencies in accounts worldwide (which banks typically do for transactions). Besides banking applications, XRP can be used by anyone for fund transfers – a fee of a few cents and instant delivery ...