Russian President Vladimir Putin addressed the press, with his statements expected to focus exclusively on the outcomes of the SCO summit.
Russian President Vladimir Putin has indicated a preference for collaborating with trusted individuals, particularly those associated with former President Trump. Among these contacts, Kushner and Witkoff are considered welcomed associates, underscoring ongoing geopolitical dynamics related to Ukraine.
Dell Technologies' shares increased by 5% after the company revised upward its fiscal year 2027 forecasts. The company, previously endorsed by former President Trump as a recommended investment, appears to be strategically positioning itself for sustained growth and success in the coming years.
Russian e-commerce company Ozon has proposed that sellers store their products in warehouses located in Kazakhstan for sale in the Russian market. This initiative aims to streamline logistics and improve market access for sellers targeting Russian consumers. For further information, please refer to this link.
📅 Today’s economic calendar is full of significant events globally. In Russia, the Eastern Economic Forum is ongoing. Australia will release its Q2 GDP figures, followed by New Zealand’s central bank rate decision and a press conference. The United States will publish ADP Employment and Factory Orders data, while Canada will announce its central bank rate. The US Beige Book is also scheduled for release later in the day. Additionally, Russia’s Finance Ministry will conduct a bond auction. Key earnings reports include NetApp, Hewlett Packard, C3.ai, Barrick Gold, Snowflake, and Broadcom.
New Zealand's central bank has announced an interest rate increase to 2.75%, consistent with market expectations and up from the prior rate of 2.5%. The central bank committee indicated that a gradual withdrawal of monetary stimulus is appropriate to achieve the objective of reducing inflation to 2%.
New diamond deposits discovered in Yakutia are expected to support Russia's diamond mining industry, according to Rosnedra in an interview with RIA Novosti.
Deputy Foreign Minister of Russia Alexander Grushko stated at the Eastern Economic Forum that he does not foresee any changes in the West's position on sanctions that would permit the resumption of the Black Sea grain deal, according to RIA.
The first Il-114-300 aircraft is scheduled for delivery to a customer in 2026. The United Aircraft Corporation (UAC) has received multiple orders for the Il-114-300 from Russian airlines, according to the Ministry of Industry and Trade and reports from TASS.
Major Russian enterprises are being integrated into the zonal-object air defense system and are actively engaged in the protection of critical facilities. Several companies have been prioritized for the implementation of temporary management measures. The decision to conclude these measures will be made at the highest level, based on the achievement of security or restoration objectives, according to Manturov, as reported by TASS.
According to Kostin, the future belongs to cryptocurrencies, although the specific ones that will prevail remain uncertain. Private, non-state cryptocurrencies face understandable resistance from central banks and financial authorities due to existing policies such as M1, M2, and interest rates. Meanwhile, Kostin noted that a parallel, unregulated market continues to operate.
The United States and Iran engaged in significant strikes overnight. According to Fox News, former President Donald Trump vowed to destroy Iran if it continues retaliatory attacks.
Russian Deputy Minister Grushko has emphasized a substantial risk of escalation in the Baltic region, according to reports from RIA.
The state currently does not intend to relinquish its controlling stake in Rusagro. The Russian Agricultural Bank (RSХБ) will continue to manage the asset, according to the bank's head, Boris Listov, as reported by Interfax.
EU member states have proposed the elimination of the veto right on foreign policy matters, according to Euronews. The proposal advocates replacing the principle of unanimity with qualified majority voting. The veto system has recently hindered the Union's decision-making process, while the current international environment requires the EU to promptly and effectively utilize its collective influence.
European Union member states have called for the elimination of the veto power on foreign policy matters. The veto system has frequently hindered the union's operations in recent years, and the current international context necessitates that the EU can promptly and effectively exercise its collective influence, according to Euronews. A transition from the unanimity principle to qualified majority voting has been proposed.
NATO countries are moving toward a potential military confrontation with Russia, according to Grushko.
The postponement of export duties on diamonds in Russia for six months is attributed to the "low level" of the global diamond market and prices, according to Aisen Nikolayev, head of Yakutia, as reported by RIA Novosti. The Cabinet had previously deferred the implementation of the diamond export duty, which is now scheduled to take effect on March 1, 2027.