... Closed. 13:00 GMT: Eurozone – Consumer Confidence for November. 14:00 GMT: Turkey – Central Bank Meeting Minutes. 15:00 GMT: Germany – Preliminary Consumer Price Index (CPI) for November. Central Bank Speeches: Bullock from the Reserve Bank of Australia, and Elderson and Lane from the ECB are scheduled to speak. Impact on U.S. and Europe: The U.S. market closure may reduce global market liquidity, potentially increasing volatility. Eurozone consumer confidence and German inflation data can ...

... add tension. “If Europe bans Russian LNG outright, even with a delay until late 2025, prices will inevitably jump,” warns Yushkov. Losing access to Russian LNG would intensify the struggle with China for supplies from the U.S., Algeria, Qatar, and Australia. The Worst-Case Scenario A harsh winter, combined with limited transit through Ukraine and fierce competition for LNG, could drive prices above $1,000 per thousand cubic meters. In such a “perfect storm,” Europe might have to turn to ...

... reduced Russian exports. This price pressure could lead European countries to reconsider their long-term energy strategies, possibly accelerating efforts to establish domestic uranium processing or boosting trade agreements with countries like Canada and Australia that are prominent uranium producers. Further, Europe may find itself balancing its energy transition goals with new challenges in the nuclear sector. As uranium costs potentially rise, the affordability of nuclear energy—a cornerstone for ...

... global economy and the prospects for specific sectors. The combination of these factors will form the informational backdrop for the day, impacting currency rates, commodity prices, and stock index movements. Key events for Tuesday, August 5, 2025: Australia – Services PMI (July) – 02:00 MSK. Japan – Publication of the latest Bank of Japan meeting minutes – 02:50 MSK. Japan – Services PMI (July) – 03:30 MSK. China – Caixin Services PMI (July) – 04:45 MSK. India – Services PMI (July) ...

... entered the race for advanced AI technologies by acquiring the startup Bee , which creates wearable devices with artificial intelligence capabilities (smart bracelets for recording and transcribing speech). Additionally, the fintech giant Xero from Australia expanded its business by acquiring the payment service Melio for approximately $2.5 billion. Overall, the growth in M&A activity indicates that corporations prefer to acquire innovations before they go public, offering venture investors much-awaited ...