🚨 The Supplemental Nutrition Assistance Program (SNAP) saw a significant decline of 15% following the recent report. This change has sparked concerns about its impact on low-income households relying on these benefits for food security. The report's findings are expected to influence future discussions on the program's funding and structure. For more details, visit here.

🚀 AMD has reported its Q2 results, with an adjusted EPS of $0.48, slightly below the estimated $0.49. The company's revenue reached $7.685 billion, surpassing the IBES estimate of $7.420 billion. AMD's gross margin stands at 40%. Looking ahead, the company projects Q3 revenue between $8.4 billion and $9 billion, compared to the estimate of $8.37 billion.

🛢️ Oil stocks report shows a decrease in crude oil inventory. According to the latest API data, crude oil inventories fell by 4.200 million barrels, contrasting with expectations of a decline of 1.800 million barrels and a prior increase of 1.539 million barrels.

⚠️🇺🇸🇷🇺 Donald Trump announced that meetings with Russia will take place tomorrow. He stated that decisions on sanctions against countries purchasing Russian energy resources will be made after the discussions. Trump emphasized that efforts are being made to resolve the Ukrainian conflict. Additionally, on August 6, Witkoff will arrive in Moscow for meetings with Russian leadership.

😊 Today’s Calendar - August 6, 2025

India's central bank interest rate announcement is set for 07:30 MSK. Germany will release June's Factory Orders at 09:00 MSK. Russia will publish the minutes from the recent Central Bank meeting at 16:00 MSK. Canada’s S&P Services/Composite PMI for July is due at 16:45 MSK. US oil inventories will be reported by the EIA at 17:30 MSK, followed by Russia's consumer inflation CPI at 19:00 MSK.

Ukrainian Witkoff will meet with Russian leadership in Moscow. Fix Price will be delisted from the Moscow Exchange. The Russian Finance Ministry will hold auctions for OFZ 26248 and 26225.

Earnings reports include Novo Nordisk at 08:30 MSK, Disney at 13:50 MSK, Uber at 13:55 MSK, Shopify and McDonald's at 14:00 MSK, Novavax at 15:00 MSK, Lyft at 23:00 MSK, Airbnb, Joby Aviation, DoorDash, Zillow, and Virgin Galactic at 23:05 MSK, and DraftKings and Beyond Meat at 23:15 MSK.

🌎 The exchange rates stand at USDCNY = 7.188 and USDTRUB = 81.

🇺🇸 Former President Donald Trump is set to meet with the leaders of Armenia and Azerbaijan this Friday, according to the Washington Post. The meeting aims to address ongoing tensions between the two countries. Further details regarding the agenda have not yet been disclosed.

🇨🇳🇺🇸 Trump will meet with Xi Jinping if a trade deal is reached, confirmed the administration.

🇺🇸🇷🇺 Democratic senators believe that under Trump, the U.S. sanctions regime against Russia has weakened, according to a report.

🇺🇸 Trump stated that he is unaware of uranium and fertilizer imports from Russia to the United States. "I know nothing about this. I will need to check, and we will get back to it," Trump remarked. Earlier, India responded to Trump's threats of tariffs on Russian oil by pointing out that the U.S. itself trades with Russia, purchasing fertilizers and uranium from the country.

🛢🇨🇳🇷🇺 According to the South China Morning Post, China is unlikely to stop purchasing oil from Russia despite threats from Trump. The ongoing demand for Russian oil suggests that geopolitical tensions will not significantly alter trade relationships.

🚨🇺🇸🇷🇺 Whitcoff has arrived in Moscow.

💰Sberbank forecasts a weakening of the ruble in August, predicting it will reach 83 USDRUB and 11.5 CNYRUB.

🇺🇸 Trump has named Vance as his likely successor for the presidency of the United States.

🚀 Public companies now own 917,648 BTC, which represents 4.61% of the total supply. Notably, nearly 3% of all BTC is held by a single company, Strategy #MSTR.

🌍 China's Ministry of State Security has publicly warned that a "foreign company" is using token issuance as a ruse to collect user information globally by scanning their iris patterns. This data is reportedly transferred "where needed," posing threats to personal data security and even national security. The warning likely pertains to the project led by OpenAI's Sam Altman, formerly known as Worldcoin.

🇺🇸 OpenAI is currently valued at $500 billion.

📊 India’s central bank has maintained its interest rate at 5.5%, matching previous expectations and prior rates. The decision reflects stability in the country's monetary policy amidst ongoing economic conditions. For more details, visit here.

💰 Alpha Capital's baseline scenario predicts the Russian ruble will weaken to 85-90 USDRUB by the end of the year.

🎉 After earnings reports, several stocks experienced significant changes. AMD fell by 6%, while SuperMicro saw a sharp decline of 16%. Snap dropped 15%, and Clover Health decreased by 12%. Rivian was down 4.5%, and Lucid experienced an 8.5% decline. In contrast, Match Group posted a positive gain of 7%, while Amgen only slightly decreased by 1%.

🇷🇺 Moscow Exchange plans to relocate its headquarters to Moscow City, according to a report by Kommersant. The move aims to enhance the exchange's operational capabilities and presence in the financial district. For more details, visit this link.