QIFA delays IPO plans on Moscow Exchange, expecting a realistic timeline of 2026-2027 amid market recovery, says Deputy CEO Irina Afonina during investor day.

Today’s key economic events include an early market close in the U.S. at 20:00 MSK and the fourth day of the Chinese Foreign Minister’s visit to the EU. Markets are eyeing the release of June PMI data across Australia, Japan, China, India, Russia, Germany, the Eurozone, the UK, Brazil, and the U.S. Highlights include U.S. Non-Farm Payrolls at 15:30 MSK and Factory Orders at 17:00 MSK. The Russian Central Bank is set to announce currency trading volumes at 12:00 MSK.

Russia’s Finance Ministry Signals Strong Interest in DOM.RF IPO, Says Moiseev

Japan's June economic indicators signal solid growth as Services PMI climbs to 51.7 from 51, and Composite PMI rises to 51.5 from 50.2.

China’s June economic indicators show mixed signals. The Caixin Services PMI declined to 50.6 from 51.1, signaling a slowdown in service activity. Meanwhile, the Caixin Composite PMI improved to 51.3 from 49.6, suggesting broader economic resilience.

Australia’s June economic data signals strengthening services sector with the Services PMI rising to 51.8 from 50.6, while the Composite PMI increased to 51.6 from 50.5, suggesting ongoing growth.

Santiment issues a warning about potential FOMO in Bitcoin at present.

Indian demand for Russian oil is rising amid expanding discounts, sources say. More details here.

U.S. M2 Money Supply Hits Record Highs

Europe Imports Refined Russian Oil from India, Bessent Highlights Need for Enhanced Coordination on Secondary Sanctions

U.S.-Russia geopolitical tensions escalate as Bessent reveals Trump’s willingness to resume talks with Putin. Conversations in Alaska are viewed as a precursor to a potential second round of negotiations.

Shareholders of TGK-2 have approved a proposal to forgo dividends in 2024.

U.S. officials confirm they will not acquire cryptocurrency directly, opting to use confiscated digital assets instead. They have no plans to sell Bitcoin or revalue gold in favor of Bitcoin reserves, preserving gold as the nation’s primary reserve asset. Earlier, ex-Executive Bo Hines indicated the possibility of selling gold to finance Bitcoin acquisitions for strategic reserves. Influential voices such as Michael Saylor and Senator Cynthia Lummis continue to support the transition from gold to Bitcoin as part of the country’s reserve strategy.

U.S. Producer Price Index accelerates in July, rising 0.9% MoM versus expectations of 0.2%, marking a considerable increase from June’s 0%. Year-over-year, PPI surges 3.3%, surpassing forecasts of 2.5% and previous 2.3%. Core PPI also outpaced estimates with a 3.7% YoY rise, compared to expectations of 3% and June’s 2.6%.

Aeroflot shareholders authorize 2024 dividends of 5.27 rubles per share, marking the airline’s first dividend payout since 2019.

Following an inflation report, traders are dialing back expectations of a Federal Reserve rate cut in September, according to Bloomberg.

Turkish crypto exchange BtcTurk, the country’s oldest platform, has suffered a security breach, resulting in $48 million in losses.

Russian stocks bolster gains as experts signal multi-week bullish run, opening potential wealth opportunities amid lingering uncertainties.

Russia's current account surplus declined 41% in the first half of the year, totaling $25 billion. The country's external debt rose to $323 billion in Q2, up from $317.5 billion, according to the Central Bank.

The White House has confirmed that the upcoming press conference following the Trump-Putin meeting will be a joint event. Experts anticipate that President Trump is unlikely to express dissatisfaction with Putin or announce new sanctions during the briefing.

Coinglass reports activity of long liquidations in the crypto market over the past hour.