💥🇺🇸 Trump celebrated America's Independence Day with the colors of the Russian tricolor. Earlier, Musk became a trillionaire on Russia Day.

🚀 Former President Donald Trump announced that the United States will soon be able to organize a crewed flight to Mars.

🚀 North Korea has conducted tests of strategic cruise missiles launched from the destroyer "Kang Gon." Kim Jong Un was present to oversee the launches.

🎉 Donald Trump congratulated Belarusian President Alexander Lukashenko on Belarus' Independence Day. In return, Lukashenko extended his wishes to Trump for the United States Independence Day. Additionally, Lukashenko also congratulated Venezuelan leader Rodriguez on Venezuela's Independence Day.

🚨🛢 OPEC+ countries are set to discuss oil production levels for August today, with an expected increase of 188,000 barrels per day. Meanwhile, U.S. oil exports are hitting historic records.

🛢 The Economist has acknowledged its mistake regarding predictions of a significant rise in oil prices due to the conflict with Iran. Oil prices have dropped more than anticipated. The editorial team identified a double error: underestimating the likelihood of a U.S.-Iran deal concerning the Strait of Hormuz and the speed at which China could reduce crude oil imports. Consequently, the market did not follow the analysts' scenario, as Gulf supplies stabilized while Chinese demand fell more sharply than expected.

🚫🛢🇴🇲 The number of vessels passing through the Hormuz Strait along the coast of Oman has dropped to a minimum, following several ships turning back in the area over the weekend. — BBG Reports indicate that if Oman collaborates with the U.S., it may not have any role in managing Hormuz, according to Iranian media.

🚨🛢 OPEC+ has reached a preliminary agreement to increase oil production quotas by 188,000 barrels per day in August, according to RTRS.

⚠️🇮🇷 In Tehran, crowds are chanting "Death to Israel" and "Death to America" as Iran begins six days of mourning for the slain Supreme Leader. Tens of millions gathered for the farewell to the late Ayatollah Khamenei, with expectations of up to 30 million attending the events. Iranian media report a sharp rise in militant sentiments within the country. The main negotiation team, led by Ghalibaf and Foreign Minister Araqchi, faces accusations of softness and complicity with the U.S. Experts believe further negotiations will be challenging.

⚠️🇺🇸 The United States has reached a historic milestone, spending more on interest payments for its national debt than on national defense. Former President Trump is calling for an urgent reduction in Federal Reserve interest rates to lower these payments, but current macroeconomic conditions do not support such an action.

🇷🇺 Major banks have increased interest rates on deposits and accounts following the Central Bank's meeting, according to RBC.

🛢 Last week saw the largest outflow from global oil stocks since July 2024, according to BofA|EPFR.

🚨 Nearly one million retail investors have lost $3.81 billion on the meme coin Trump TRUMP — NYT.

✨ Vitalik Buterin has outlined a development plan for Ethereum titled "Lean Ethereum," focusing on integrated STARK algorithms and resilience against quantum attacks. For more details, visit here.

🚀 The exchange OKX has acquired a 20% stake in the South Korean crypto exchange Coinone, becoming the third-largest shareholder of the exchange. For more details, visit this link.

⚠️✴️ Recent trends show no significant reversal in the outflows from spot BTC ETFs. Last week saw a rare influx, but it remains an isolated incident. There is now almost complete consensus in the market that BTC is in the final phase of a bear market, with a drop to around $50,000 not ruled out. Few are discussing the potential for a sharper decline if the AI bubble in stocks bursts. Currently, this is viewed as a distant scenario, with some experts suggesting Trump will prevent a sharp stock decline before the November midterm elections.

⚠️🇺🇸 The stock index for high-tech companies, SOX, has seen significant growth fueled by the AI trend. Many analysts and industry experts assert that this is not a bubble. Nvidia's CEO claims that everything related to AI is not a bubble, and the future holds immense potential. In contrast, Tether's CEO recently warned that big tech companies are spending irrationally on AI infrastructure, leading to shrinking margins and uncertain profits amid rising competition.

🔥🛢 OPEC+ will increase oil production by 188,000 barrels per day starting in August, according to delegates. The next meeting is scheduled for August 2.

🌍 Key events this week include the NATO summit in Ankara on July 7-8 and Chinese Foreign Minister Wang Yi's visit to Sweden, Finland, Denmark from July 2-8.

On Monday, July 6, Eurozone PPI data will be released at 12:00 MSK, followed by Canada's Services/Composite PMI and the U.S. S&P Services/Composite PMI at 16:30 MSK. The U.S. ISM Services PMI follows at 17:00 MSK, with ECB President Lagarde speaking at 19:00 MSK.

Tuesday highlights include Germany's industrial production and U.S. employment data.

Wednesday features New Zealand's central bank rate decision and U.S. oil inventory data.

Thursday includes China's CPI and U.S. jobless claims.

Friday will see inflation data from Japan, Germany, Brazil, and Russia, along with the U.S. WASDE report.

⚠️🇺🇦 The conflict in Ukraine has evolved into a "real war" as Western countries, including the United States, stand behind Kyiv, stated Dmitry Peskov in an interview with Vesti. The ongoing situation reflects heightened geopolitical tensions and shifting alliances in the region. Analysts are closely monitoring the IMOEX 100 index for further insights.

🟡 Some experts believe that the "gold/BTC" ratio has started to consolidate after years of decline. They suggest that it may be wise to prepare for a reduction in BTC holdings while increasing gold allocations in investment portfolios.