📈 TSMC is set to increase chip production prices by up to 10% starting in 2027, according to Nikkei. This move comes amid rising inflation and demand for semiconductor technology. The price hike is expected to impact various industries reliant on chip supply. For more details, visit Nikkei.

🚨📊🇷🇺 Today, the State Duma will review the cryptocurrency bill in both its second and third readings. Lawmakers have stated that they have "maximally considered" the feedback from market participants. Aksakov revealed which comments regarding the cryptocurrency law were taken into account by the Duma — read more.

✴️ CZ reassured the crypto community, stating that cryptocurrency is here to stay. He emphasized the resilience of the crypto market and encouraged everyone to remain calm amidst ongoing fluctuations. For more details, visit this link.

🚨 Germany's ZEW Economic Sentiment for July has been reported at +26.3, significantly exceeding expectations of +15.1 and up from the previous figure of +10.5.

🛢🇳🇴 Norway's oil production exceeded government forecasts in June, according to RTRS.

⚠️🇺🇸🇺🇦 American activist Laura Loomer, known for her ties to Trump, has arrived in Kyiv. Previously, she criticized President Zelensky and called for an end to U.S. aid to Ukraine. However, Loomer has now admitted that she was wrong in her stance.

⚠️🇹🇷 Goldman Sachs forecasts a continued decline of the Turkish lira and believes that Turkey will likely tolerate a faster depreciation of the lira against the dollar to maintain financial stability. The lira has been struggling for years, consistently setting anti-records against the dollar. For more details, visit here.

🇺🇸🇨🇳 The United States and China are set to hold discussions on artificial intelligence ahead of President Xi Jinping's visit in September, according to RTRS.

🚨🇺🇸 Former President Donald Trump may impose new tariffs on imports from dozens of countries as early as this week, according to the Financial Times. Trump is reportedly planning a 12.5% tariff on goods from 60 countries, coinciding with the expiration of the current 10% global tariff. The administration is considering maintaining the 10% rate for many nations while exploring legal avenues to implement higher tariffs on others. Following a court ruling against earlier tariffs, Trump has promised to find a way to make up for lost time.

🛢️ Russia's Deputy Prime Minister Alexander Novak reported that the fuel market has partially stabilized. This development comes amid ongoing fluctuations and concerns regarding fuel supply and prices in the country. Novak's comments suggest a cautious optimism as the government continues to monitor the situation closely. For more information, visit here.

🚨 Upcoming earnings reports:

🇺🇸 General Motors at 13:30 MSK
🇺🇸 Hasbro at 14:30 MSK
🇺🇸 3M at 13:30 MSK
🇺🇸 Halliburton at 13:45 MSK
🇺🇸 Ally Financial at 14:15 MSK
🇺🇸 Northrop Grumman at 14:20 MSK
🇺🇸 Charles Schwab at 14:30 MSK

🇮🇷 Iran's official representative has commenced talks with mediators in Pakistan, as reported by AP.

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🛢🇷🇺 The State Duma has approved a law on the import dampener for diesel. This mechanism will function only when the export ban is in effect.

🌍 An updated strategy for the development of the Arctic is expected to be prepared within the next two to three months, according to reports. For more details, visit here.

🌟 The State Duma has approved tax changes related to digital financial assets (DFAs) and motivation programs in special administrative regions (SARs). For more details, visit this link.

🇪🇺🇨🇳 EU representatives have arrived in China to discuss critical trade issues amid increasing tensions. The meetings aim to address ongoing trade conflicts and foster better economic relations between the two regions. As the global trade landscape evolves, both sides are looking for ways to navigate the complexities of their economic partnership. For more details, visit SCMP.

🌍❗️ The International Energy Agency (IEA) reports that since March 11, member countries have released approximately 290 million barrels of oil to stabilize the market. Additionally, IEA member states maintain significant reserves for emergencies, including over 1 billion barrels controlled by governments. — IEA

🚫🛢🇰🇿 Kazakhstan will halt its oil transportation through the Black Sea following recent attacks on tankers, according to Bloomberg. The decision aims to ensure the safety of shipments amidst rising tensions in the region. For more details, visit Bloomberg.

🔥✴️🇷🇺 The State Duma has unanimously passed a federal law on "Digital Currencies and Digital Rights," establishing regulations for cryptocurrency circulation in Russia. The legislation recognizes digital currencies as property, sets general requirements for their circulation, and ensures legal protection of rights to cryptocurrencies, regardless of prior declaration. Russians will now be able to legally invest in cryptocurrencies on domestic exchanges and utilize services from brokers, asset managers, and crypto exchanges. RELEASE