🛢 Oil prices continue to climb at a 45-degree angle.

🎬 Elon Musk has announced that the AI model Grok Imagine will create a film based on Homer's epic poem "The Odyssey." Actors around the globe are feeling the pressure once again as the potential of AI in filmmaking continues to rise.

💥 In June, the number of issued auto loans in Russia increased by 12.7% year-on-year, according to the National Bureau of Credit Histories (NBKI).

🇺🇸 Nike is set to sever ties with thousands of online distributors in China as part of a restructuring of its digital presence in the country. The move aims to streamline operations and enhance the brand's direct-to-consumer strategy. For more details, visit the article here.

🏢 Assets of closed-end real estate investment funds in Russia have for the first time exceeded 1 trillion rubles, according to a recent report. This milestone highlights the growing significance of the real estate sector in the country's financial landscape. For more information, visit the full article here.

⚠️ Daily trading volume of cryptocurrency on the five largest South Korean crypto exchanges has plummeted by 88% over the past year, according to ZDNet Korea.

🇺🇸 Trump plans to implement high tariffs on generic drugs starting in 2028 to boost domestic production. Beginning in August 2028, a 100% tariff will be imposed, followed by an increase to 200% a year later. For more information, visit this link.

🇺🇸 Trump is pushing for FIFA President Gianni Infantino to become the next Secretary-General of the UN, according to the New York Post.

💥 The number of preferential mortgage issuances in June increased by 67% month-on-month, according to OKB.

🪵 The rally in wood continues.

🇺🇸 The US Dollar Index (DXY) continues to consolidate after breaking out of a year-long consolidation phase.

🚨 The EU authorities have exhausted their list of ideas for new measures to include in the 21st sanctions package against Russia. Following 20 packages of sanctions, straightforward targets are no longer available. Any further actions would significantly undermine the interests of EU member states, according to POLITICO.

⚠️🇮🇷 The United States does not believe that Iran is genuinely committed to negotiations, according to Senator Marco Rubio.

⚠️✴️ Movement Labs, the developer of the Movement blockchain, has filed for Chapter 11 bankruptcy.

🚀 In the United States, bets are surging on Polymarket regarding the passage of the CLARITY Act, aimed at structuring the crypto market, within this year. Many market participants believe that once the CLARITY Act is fully enacted, institutional demand in the crypto sector will significantly increase, potentially acting as a strong bullish driver for the market, albeit not immediately, but certainly in the long term.

🌟 The Central Bank of Russia is set to propose making star ratings mandatory for Initial Public Offerings (IPOs). This move aims to enhance transparency and investor confidence in the market. For more details, visit the link: here.

🇷🇺 Russian authorities have proposed a compensation of 50% for expenses related to domestic equipment as part of the SPIC program. For more details, visit here.

📈 Mobile companies in Russia are raising their tariffs, with the pace of subscription fee increases accelerating compared to last year. Operators require additional funds to purchase equipment, including domestic solutions and technology from foreign manufacturers that have exited the Russian market, as well as to modernize their network infrastructure. — Izvestia

🚨 Ahead

UK Consumer Price Index (CPI) inflation data for June will be released at 09:00 Moscow time.

⚠️ The shares of OZON, a prominent Russian e-commerce platform, have seen a decline of 6%. Investors are reacting to market fluctuations and various economic factors that could impact the company's performance. For more details, visit OZON.

🇷🇺 The State Duma has passed a law that removes the rights of foreign investors to reclaim assets. This applies to transactions with investors from unfriendly countries made after February 22, 2022.