⚠️🇺🇸 Bond Yields Update: Jeffrey Gundlach, CEO of DoubleLine and widely regarded as the "Bond King," has indicated that U.S. bond yields are expected to continue rising. He advises investors to avoid investing in 30-year bonds worldwide. Gundlach also highlights a discrepancy between the yield on U.S. two-year bonds and the Federal Reserve's policy rate, recommending a 0.50% increase in the Fed's key interest rate.

In August, China's consumer price index (CPI) increased by 0.4% month-on-month, exceeding the expected 0.3% and reversing the previous decline of 0.1%. On a year-on-year basis, the CPI rose by 0.8%, in line with expectations and up from the prior rate of 0.5%. Producer price index (PPI) inflation also accelerated, increasing by 3.8% year-on-year compared to the anticipated 3.6% and the previous 3.5%. These figures indicate an acceleration of inflation in China during August.

Iran is discreetly relaxing currency controls and increasingly utilizing cryptocurrencies such as USDT and BTC to maintain trade activities in the face of U.S. sanctions and blockades, according to the Financial Times.

A slight outflow from spot Bitcoin ETFs was observed following yesterday's trading session. However, the monthly inflow remains one of the largest of the year, according to data from SoSoValue.

The United States national debt has exceeded 100% of GDP for the first time since World War II. Concurrently, yields on government bonds are increasing, resulting in higher costs for debt servicing.

The U.S. Treasury may increase its 30-year bond buyback capacity to $10 billion per operation, up from the current $4 billion, according to analysts. Bessent is expected to announce updated buyback parameters for government bonds today, including those for 10-year and 20-year maturities. Previously, Bessent indicated that the buyback volume of "long bonds" could be increased if deemed necessary. Experts emphasize the importance of maintaining market stability ahead of the U.S. midterm elections. Source.

Government bond yields in G7 countries continue to rise. The average borrowing cost for the Group of Seven nations has reached its highest level since the global financial crisis, according to the Financial Times.

The internal strength of the S&P 500 has declined significantly over the past two weeks, with only 42% of its constituent stocks trading above their 50-day moving average, marking a five-month low. Historically, the U.S. stock market tends to experience weakness beginning in August, reaching a nadir in mid-September, before rallying in the fourth quarter, according to Bank of America. Despite typical September trends, the S&P 500 is currently consolidating near record highs. Recently, former President Trump expressed optimism that stock prices will increase, and analysts expect a potential boost during the election season.

The U.S. Dollar Index (DXY) remains consolidated at a 14-year support level. This development indicates potential market shifts, as a rising dollar typically exerts downward pressure on risk assets such as stocks and cryptocurrencies, whereas a declining dollar generally supports these assets.

Global prices for coking coal experienced a significant increase in August.

Cuban President Miguel Díaz-Canel has affirmed that Cuba will no longer be subject to colonial control. Previously, former U.S. President Donald Trump had frequently asserted that seizing Cuba would be an easy undertaking for the United States.

✴️🇩🇪 Germany is set to introduce a 25% tax on profits from cryptocurrency transactions starting in 2027. This move will abolish the current one-year period during which profits remain untaxed.

🚨 The Russian Finance Ministry has successfully placed OFZ 26218 bonds, amounting to 51.49 billion rubles. The auction witnessed substantial demand, totaling 91.82 billion rubles. The average yield on these bonds is reported at 15.45% per annum.

❗️🛢 Iran is set to permanently ban the passage of vessels to the east of the Strait of Hormuz, expanding the restricted zone into the Gulf of Oman and the Arabian Sea. This new restricted area, announced by Tehran, will encompass regions including the port city of Chabahar. This move, communicated by the IRGC, aims to enforce Iran's maritime boundaries by prohibiting any ships from traveling through these designated waters.

✴️According to the indicator, the crypto market has been in the "greed" zone for 20 consecutive days.

🇷🇸 Serbian President Aleksandar Vučić has dissolved the parliament, paving the way for potential early elections.

🇺🇦 Russia prioritizes Abu Dhabi as the venue for talks on Ukraine, stated Ushakov, according to Vesti.

🇺🇦 During a meeting involving Putin, Witkoff, and Kushner, discussions focused on resuming negotiations with Ukraine, including the possibility of a trilateral format, according to Ushakov.

⚠️ The IMOEX index sees a shift as monitoring reveals that Assol is no longer influenced.

⚠️🇺🇦 Ushakov stated he has not seen the U.S. roadmap on Ukraine, as reported by TASS.

🇷🇺🇮🇳 United Aircraft Corporation (UAC) is set to sign agreements with India regarding the Il-114-300 at the "Innoprom" exhibition, reports RIA. The UAC aims to finalize a deal for the delivery of the SJ-100 to an Indian airline by 2027, according to RIA. Additionally, a licensing agreement for localizing the SJ-100 in India is nearly finalized, announced TASS.