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β—οΈπŸ‡¨πŸ‡³ China's Caixin Manufacturing PMI for July has been reported at 49.5, a decline from the previous figure of 50.4. This indicates a contraction in the manufacturing sector, raising concerns about the economic outlook.
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πŸ“ˆ The Moscow Exchange Index, IMOEX, is experiencing gains during the morning session, despite looming threats of new sanctions, trade wars, and geopolitical tensions.
βš οΈπŸ‡ΊπŸ‡Έ Apple is facing a potential $2 billion in tariff costs due to Trump's trade policies by the end of September, according to Apple Insider.
πŸ’₯ The export price of Russian coking (metallurgical) coal saw a rapid increase in July 2025 after a prolonged decline. Analysts attribute this recovery to a reduction in the supply of metallurgical coal in the Chinese market. β€” Vedomosti
🚨 Eight OPEC+ countries will increase oil production in August by more than 500,000 barrels per day, according to a report by TASS. This decision reflects ongoing efforts to stabilize the oil market amid fluctuating global demand. For further details, visit the full article here.
πŸŽ‰ Following recent earnings reports, stock performances have varied significantly. Amazon saw a decline of 6.6%, while Microstrategy fell by 1.5%. Roku experienced a 3% drop, and Coinbase declined by 9%. In contrast, Reddit surged by 18%, and Apple gained 2.5%. Riot Platforms dropped by 7%. For more details, visit Amazon, Microstrategy, Roku, Reddit, Coinbase, Riot Platforms, and Apple.
🚨 India’s Manufacturing PMI for July has reached 59.1, up from 58.4, marking the highest level of manufacturing activity among major countries. This positive economic indicator contrasts sharply with former President Donald Trump's recent comments, where he referred to India's economy as "dying."
πŸ‡ΊπŸ‡Έ Ray Dalio has sold his stake in the world's largest hedge fund, Bridgewater Associates, and has stepped down from its board of directors. For more details, visit WSJ.
✨ Mill City Ventures has raised $450 million to acquire SUI for its balance sheet. This significant investment underscores the growing interest in cryptocurrency assets among corporate entities. For more details, visit here.
πŸš€ Franklin Templeton, Bitwise, Fidelity, Canary Capital, CoinShares, Grayscale, and VanEck have submitted updated S-1 filings to the SEC for a spot SOL ETF.
🚨 Authorities propose restoring accounts on "Gosuslugi" through the MAX messenger. This initiative aims to streamline the account recovery process for users. For more details, visit the full article on Forbes.
πŸ‡·πŸ‡Ί The Russian chip developer Baikal Electronics is set to begin mass sales of its products by the end of the year. Market participants are already placing orders. β€” Πͺ
🌟 El Salvador has allowed President Nayib Bukele to pursue unlimited re-election.
πŸ›’πŸ‡΅πŸ‡°πŸ‡ΊπŸ‡Έ Pakistan has purchased its first-ever shipment of oil from the United States, according to RTRS.
πŸ‡ΊπŸ‡Έ Elon Musk has invested over $45 million in political activities, making him the largest political donor in the United States, according to BBG.
⚠️🌎 The copper market in the U.S. has plummeted following Trump's decision on tariffs. Currently, the global copper market is not facing shortages, analysts highlight. For more details, visit here.
✨ Vitalik Buterin emphasized that Ethereum must ensure it never goes down. The co-founder of the cryptocurrency platform highlighted the importance of reliability and stability for the future of Ethereum in the ever-evolving blockchain landscape. The commitment to maintaining operational integrity is crucial for the network's continued success and user trust. For more details, visit Ethereum.
βš οΈπŸ‡°πŸ‡΅ South Korea's Foreign Minister Cho Hyun and U.S. Secretary of State Marco Rubio have reaffirmed their commitment to the complete denuclearization of North Korea.
🚨 Russia's Manufacturing PMI for July stands at 47, down from 47.5, indicating a continued decline in activity within the country's industrial sector.
βš οΈπŸ‡ΊπŸ‡¦ The U.S. Senate Appropriations Committee has approved a military spending bill that includes nearly $1 billion in support for Ukraine, despite a request from the Trump administration to exclude such funding. Additionally, a bipartisan bill has been introduced in the Senate proposing $54.6 billion in aid to Ukraine over the next two years. The proposal suggests that up to one-third of this aid will be funded through revenues from Russian assets and arms sales to allies in the EU.