U.S. crude oil inventories rose by 2.774 million barrels last week, the EIA reports, compared to analyst expectations of a 1.3 million barrel decline. The previous week’s data showed a 3.426 million barrel drawdown.

European Central Bank aims to boost global use of euro, Politico reports; EU seeks rapid agreement on frozen Russian assets, Reuters says.

A tanker carrying liquefied natural gas from Russia's Arctic LNG-2 has again begun offloading in China, according to data from LSEG and RTRS.

Ukrainian and Russian intelligence officials reportedly held a meeting in Abu Dhabi, according to Ushakov. A new U.S. representative unexpectedly attended the discussion, which was disclosed to Russia’s TV channel by journalist Zarubin. The meeting did not involve negotiations on a peace plan but focused on issues such as prisoner exchanges. Recent versions of former President Trump’s proposal were obtained but not formally discussed, according to U.S. officials.

T-Investments reintroduces iPhone access via the Financier app, enabling users to track Bybit crypto and utilize rapid trading features within a unified interface. Potential removal from the App Store continues to pose a risk.

Experts Warn IMOEX Traders of Increasing Leaks, Sources Cited; Advising Caution Pending Official Statements

Russian issuers' proposed and approved dividends for Q3 and the first nine months of 2025 are expected to decline nearly 50%, totaling approximately 640 billion rubles compared to 1.2 trillion rubles a year earlier, according to Kommersant. The number of companies announcing payouts also decreased from 28 to 23 year over year.

In November, approximately 50 cities across Russia saw new real estate developments experience an increase in prices, according to Mirkvartir.

MicroStrategy affirms it will maintain its position even if Bitcoin declines to $25,000, emphasizing the company's resilient strategy amid potential cryptocurrency market volatility. For further details, see their statement here.

A former boyfriend of Sam Altman was reportedly robbed of $11 million in cryptocurrency in the United States. For further details, see the full report here.

New Zealand central bank cuts interest rate to 2.25%, bringing it to its lowest in more than three years, aligning with analyst forecasts. The move indicates the conclusion of the easing cycle, CNBC reported.

NEW ZEALAND'S CENTRAL BANK SET TO ANNOUNCE RATE DECISION AT 0400 LOCAL TIME, FOLLOWED BY PRESS CONFERENCE AT 0500; U.S. GDP DATA, JOBLESS CLAIMS, AND DURABLE GOODS ORDERS DUE AT 1630; ADDITIONAL U.S. ECONOMIC DATA EXPECTED AT 1800; BEIGE BOOK TO BE RELEASED AT 2200; RUSSIA'S FINANCE MINISTRY CONDUCTS OFZ BONDS AUCTIONS; CENTRAL BANK PUBLISHES REPORT; BITWISE'S DOGE ETF DEBUT TRADES START TRADING ON NYSE.

Ukraine remains committed to joining NATO in the future, despite the U.S. peace plan, Yermak says, Axios reports.

Yermak says Zelensky eager to meet Trump soon to discuss peace deal, Axios reports; potential meeting scheduled for Thanksgiving, November 27. Trump and Melania to pardon turkeys and attend holiday at Mar-a-Lago; Trump expected at turkey pardon event, possibly to address Ukraine. Situation developing.

Russia's Central Bank eases restrictions for qualified investors, permits investment in cryptocurrency-linked instruments through mutual funds. See release for details.

Google shares rise 2% after reports that Meta, banned in Russia as extremist, plans to use Google’s AI chips; Nvidia and AMD decline 5% and 7% respectively.

MOSCOW, Nov 25 (Dow Jones) -- Russian President Vladimir Putin arrived in Kyrgyzstan today for a scheduled state visit from November 25 to 27.

Rubio and Witkoff to skip potential Russia-U.S. talks in Abu Dhabi, NYT reports; Driscoll to attend, noted for his confrontational stance.

Russia’s Central Bank and Finance Ministry are discussing a possible shift away from the "super-qualified" classification in cryptocurrency investments, Chebeskov said. Details remain unspecified.

Moscow acknowledges modifications to Trump's Ukraine plan, underscoring the need for European participation in security talks at some stage. The Kremlin states Russia considers the American proposal significant and intends to engage with the U.S. approach to resolving Ukraine issues in the future.

DOMRF's IPO prompts Central Bank and government to uphold a specialized regulatory regime for the company's bonds; further details available here.

Arthur Hayes forecasts the Federal Reserve will soon commence large-scale asset purchases, leading to a surge in Bitcoin (BTC) prices.

CIAN reports 29% increase in Q3 2025 revenue to 4.1 bln rubles; nine-month revenue up 15% to 11.0 bln rubles. Read more:

ir.ciangroup.ru

Rubio declines bilateral meetings with Kallas over Ukraine due to her tense relations with the Trump administration, Politico reports.

CryptoQuant reports a significant increase in short-term Bitcoin holder capitulation, a pattern historically preceding the formation of short-term market bottoms.

Central Bank approves state registration of additional issue and prospectus for ordinary shares of PJSC Winlab.

US Army Secretary Dan Driscoll in Abu Dhabi for private peace discussions with Ukraine's GUR chief Kyrylo Budanov and Russian representatives, sources say, CBS News and Financial Times report.

Russian thermal coal prices delivered to China have surged to their highest level since December 2024, approaching $100 per ton, according to Kommersant.

Belarusian President Lukashenko to visit Myanmar soon; first trip to Southeast Asia, dates to be announced.

Dow Jones Newswires - November 25, 2025 Germany to release Q3 GDP at 10:00 MSK. U.S. ADP Nonfarm Employment data due at 16:15 MSK, followed by September PPI and retail sales reports at 16:30 MSK. Consumer confidence, pending home sales, and the Richmond Manufacturing Index for November scheduled for 18:00 MSK. API weekly crude oil inventory report at 00:30 MSK. Gazprom to review major projects. Moscow Exchange to launch new futures contracts and add eight securities. More

WHITE HOUSE SAYS U.S. CAN'T CONTINUE SELLING SUBSTANTIAL WEAPONS TO NATO INDEFINITELY

Russia’s “Basis” software developer’s board approves dividend policy ahead of IPO; dividends calculated based on NIC indicator, which factors in net profit less capitalized expenses, plus costs related to long-term incentive programs and intangible asset amortization. More details

U.K. Labour leader Keir Starmer says a “coalition of the willing” meeting on Ukraine is scheduled for Nov. 25.

Russia’s President Vladimir Putin and Turkish President Recep Tayyip Erdogan are scheduled to hold a phone call on Nov. 24, according to Kremlin officials.

Key events this week include the conclusion of corporate earnings reports in the US and Europe, with ongoing releases in Russia. On Nov. 24, attention turns to the Ukraine EU summit; Japan suspends trading; US reports include the Chicago Fed National Activity and industrial production data. Nov. 25 highlights Germany’s GDP, US ADP Nonfarm Employment change, and retail sales figures. Nov. 26 centers on New Zealand’s central bank rate decision, alongside key US economic releases. Nov. 27 features China's industrial production data. On Nov. 29, markets in the US close early following Thanksgiving. For additional details on top token unlocks, click here.

BTC sentiment reportedly at two-year low, according to Santiment, based on social media bullish-to-bearish comment ratio.

Trump's net worth has declined by $1.1 billion since September, according to Forbes, primarily due to a decrease in the stock value of Trump Media & Technology Group.

Israeli Prime Minister Benjamin Netanyahu accused Hamas of violating the ceasefire, prompting Israeli strikes that killed five senior Hamas figures in Gaza. Hamas countered, alleging Israel breached the agreement and notifying the U.S. of its readiness to resume hostilities in Gaza. The ceasefire, supported by a Trump-proposed plan, went into effect on October 10.

Vladimir Putin extended birthday wishes to Venezuelan President Nicolás Maduro amid ongoing geopolitical developments. U.S. officials plan to launch covert operations in Venezuela within the coming days aimed at regime change, sources said.

SFI to buy out dissenting shareholders' interests at 1,256.4 rubles per share; EGM scheduled for December 14. Details available at official disclosure portal.

Global cryptocurrency exchanges liquidated over 405,000 traders' positions totaling more than $2.3 billion in a single day, reports Coinglass.

China's aluminum imports from Russia rose 64% in the first ten months of 2023 compared to the prior year, according to official customs data. Imports of copper and nickel from Russia more than doubled over the same period.

Former U.S. President Donald Trump appoints Dana Driscoll as special envoy to Ukraine, replacing Keith Kellogg, who plans to retire in January 2026, The Guardian reports. Driscoll, closely aligned with Vice President J.D. Vance, recently reiterated Vance's call for urgent peace during a meeting with European counterparts.

Ukraine's prolonged conflict will not strengthen Kyiv's negotiating leverage, The Economist reports, citing Ukrainian intelligence sources. A candid U.S. military assessment indicates Ukraine's position remains precarious. The U.S. administration's core offer reportedly remains unchanged, Army Secretary Christine Wormuth said at a U.S.-EU-Ukraine summit on Nov. 21, Financial Times reports. Defense Secretary Lloyd Austin criticized U.S. peace initiatives, alleging a misjudgment of the situation,Politico reports. Former U.S. ambassador to Yemen, Gen. Lloyd Austin, states that the U.S. believes Zelensky might accept former President Trump's peace plan amid ongoing corruption allegations, The Times notes. Some U.S. officials suspect Zelensky could capitulate to Trump's proposals, amid domestic scandals.

Trump Coin and Melania Coin experience significant decline: Trump Coin has fallen 90% from its 52-week high, while Melania Coin has decreased 99%.

Russian President Vladimir Putin convenes Security Council meeting, signals willingness to show flexibility on Ukraine issues.

European defense companies' stocks are trading lower, reports Reuters.

The Trump administration is preparing for personnel changes, according to CNN.

European Union to maintain support for Ukraine, says Ursula von der Leyen.

Discussions on Ukraine intensify as Zakharova states Russia has not received any official plans from the U.S. Umerov emphasizes that no decisions can be made outside the framework of sovereignty, people's safety, and red lines. Zelensky and Trump are scheduled to discuss a peace plan next week, reports Sky News.