... from a European Central Bank representative may contain hints about monetary policy, which is important for traders working with the euro. Emergency Ukraine-NATO Council Meeting The agenda includes discussing the consequences of new systems applied to Ukraine's defense industry facilities. This event may increase geopolitical tensions, affecting currency rates and commodity assets. Corporate Earnings Reports: Pre-Market (Before U.S. Market Opens): Kohl's Corp (KSS): An expected revenue decline of ...

... achieve this, recalls Mitrakhovich from the Financial University. "The formulation of additional measures against the Nord Streams reflects the European bureaucracy's fear that if some compromise is reached between Russia and the USA regarding Ukraine or if leadership changes in some European countries, the plans may change as well," says Mitrakhovich. "Thus, current European bureaucrats are attempting to devise some legal barrier to prevent the Nord Streams from restarting." ...

... to $200 billion. 2014–2016: The initial Western sanctions following the annexation of Crimea and the drop in global energy prices hit revenues hard. The market valuation of Gazprom began to decline steadily. 2022: The escalation of the conflict in Ukraine and subsequent severe sanctions marked a turning point. The European Union sharply reduced purchases of Russian gas, effectively depriving Gazprom of its primary export market. 2023–2025: After losing the European market, the Russian gas giant ...

... movements in oil prices are more closely linked to geopolitics, particularly with the approaching August 8 date when President Trump plans to announce new sanctions against Russia and countries buying Russian oil if a resolution to the conflict with Ukraine is not reached by that time. By increasing production, OPEC+ is not taking on much risk, as this is happening during a still high seasonal global demand for oil, which allows prices to react relatively weakly, argues Gromov from IEF. Furthermore,...

... sometimes escalate into street protests (Berlin is notoriously infamous for clashes between radicals and police on the night of May 1st). Conversely, some places host family festivals and fairs. In the former USSR countries, May 1st remains a holiday: in Ukraine, Belarus, and Central Asian countries, it is celebrated as Labor Day or Spring and Labor Day, sometimes with national features. Interestingly, in Kazakhstan, May 1st is now called the Day of Unity of the People of Kazakhstan—emphasizing interethnic ...