🌍 CZ envisions a scenario where a country lacks artificial intelligence, blockchain technology, and a robust internet industry. This absence could hinder technological advancement and economic growth, limiting opportunities for innovation and connectivity. The implications of such a situation highlight the critical role that these technologies play in shaping modern societies and economies. For more insights, visit here.

💥 The Moscow Exchange Index (IMOEX) rose by 1.6%, reflecting a positive shift in the Russian stock market.

💰 Nornickel reports a consolidated net profit of $842 million for the first half of 2025, a slight increase from $829 million in the same period last year. The company's financial performance highlights its ongoing strength in the market. For more details, check the full report here.

🚀 Barry Silbert is returning to Grayscale as chairman ahead of the company's anticipated IPO. For more details, visit this link.

💥 Russian stocks saw a notable rise, with GAZP shares increasing by 3.4%. Investors are closely monitoring market developments as the financial landscape continues to evolve. For more details, visit this link.

⚠️🇺🇸🇷🇺 US to Impose Sanctions on Key Russian Oil Importers

NATO Representative Matthew Whittaker announced that the United States will implement sanctions against major importers of Russian oil, specifically targeting China, India, and Brazil. Whittaker believes these measures will significantly impact Russia's revenue sources. The sanctions are set to take effect on August 8.

⚠️🇮🇳 Indian stocks are bracing for volatility amid threats from Trump to increase tariffs, according to Bloomberg. Investors are closely monitoring the situation as potential trade tensions could impact market stability. The uncertainty surrounding tariff changes may lead to fluctuations in stock prices, prompting caution among traders.

🌐 Rostelecom reported a net profit of 12.8 billion rubles for the first quarter of 2025 under IFRS, marking a 51% year-on-year decline. However, revenue for the second quarter of 2025 increased by 13%, while OIBDA rose by 11%. For more details, view the full report.

🇭🇰 Hong Kong has resumed its currency interventions to support the HKD amid low interest rates and outflows from equity funds. This move comes as the city aims to stabilize its currency in a challenging financial environment. For further details, visit BBG.

⚠️🛢 Aramco's profit has been declining for ten consecutive quarters due to weak oil prices. The company's financial struggles highlight the ongoing challenges in the energy sector. For more details, visit the article on Bloomberg: here.

⚠️🇪🇺 European companies that have failed to meet earnings expectations are experiencing unprecedented declines this quarter. According to a recent Goldman research, the market is reacting more severely than in decades to profit misses.

🛢 Aramco's CEO reported that demand for oil remains robust, driven by gasoline and jet fuel consumption in the United States and China. The continued growth in these sectors highlights the ongoing need for oil as both countries recover and expand their economies. For more details, visit this article.

🌟 Canadian company Mogo has sold nearly half of its stake in WonderFi for approximately $13.8 million. The proceeds will be used to further purchase BTC for its balance sheet.

🇬🇧 BP's profit for Q2 has exceeded expectations. The company plans to conduct a new business review.

⚠️🇮🇳 The Indian rupee has hit a new low against the US dollar amid threats from Trump to raise tariffs.

🇺🇸 On August 5, Washington will make an important announcement regarding UAVs, according to U.S. Transportation Secretary Sean Duffy.

🚀 European drone manufacturer Destinus, which supplies weapons to Ukraine, plans to acquire the Swiss company Daedalean, known for its development of AI systems for aviation.

🚨 Upcoming Economic Indicators

Germany's Services/Composite PMI for July will be released at 10:55 AM Moscow time. Following that, the Eurozone's Services/Composite PMI for the same month is scheduled for 11:00 AM Moscow time. Finally, the UK's Services/Composite PMI for July will be available at 11:30 AM Moscow time.

🚀 The Republic of Tatarstan will host the first hackathon for digital solutions aimed at the Max platform. This event is expected to foster innovation and collaboration among tech enthusiasts and developers. For more details, visit the link: TASS.

📊 Germany's Composite PMI rose to 50.6 in July, up from 50.4, indicating a slight improvement in economic conditions. The Services PMI also showed positive movement, increasing to 50.6 from 49.7. These figures suggest a stabilization in the country's economic activity, which is crucial for the broader European market. For more details, visit here.

🚨 Eurozone's economic indicators for July show a Composite PMI of 50.9, up from 50.6, indicating slight growth. The Services PMI also improved to 51, compared to the previous 50.5.