🚀 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.

🚨🇬🇧 BRITAIN - CONSUMER INFLATION CPI (June)

Month-on-month: +0.1% (expected +0.1% / previously +0.2%)
Year-on-year: +2.6% (expected +2.7% / previously +2.8%)

Core CPI: +2.6% year-on-year (expected +2.5% / previously +2.6%)

⚠️🇷🇺 Russian stocks saw declines, with SVAV and SFIN both hitting lower limits. This downward trend reflects ongoing economic concerns in the region. Investors are closely monitoring the situation as market conditions continue to fluctuate. For more details, visit SVAV and SFIN.

⚠️🇺🇸 Betting on a Federal Reserve rate hike this year has surged again on Polymarket.

🇺🇸🇸🇦 President Trump has officially approved a landmark agreement with Saudi Arabia, which will establish a civilian nuclear program in the country. This deal could potentially pave the way for uranium enrichment within the kingdom. For more details, visit WSJ.

🌽 Prices for corn are rapidly increasing, particularly in Europe, amid escalating tensions in the Russia-Ukraine conflict in the sea, according to BBG.

🥖 Wheat prices are rapidly rising due to escalating tensions in the Russia-Ukraine conflict at sea. For more details, visit BBG.

🛢🇷🇺 The situation in the fuel market has stopped deteriorating, according to Shokhin, as reported by TASS.

⚠️🇷🇺 In 2026, federal budget expenditures and deficits in Russia are expected to increase, negatively impacting the dynamics of reducing the key interest rate. The situation in the fuel market may serve as a reason for the Central Bank to refrain from lowering the rate. Russian businesses are preparing for all possible decisions from the Central Bank regarding the key rate, including the possibility of maintaining it at the current level. — Shokhin, TASS.

⚠️✴️🇷🇺 The State Duma has passed a cryptocurrency law imposing strict restrictions on transferring assets to non-custodial wallets. Market participants believe that relying solely on custodial frameworks is unlikely to attract retail investors. Concerns center around sanction risks, as transactions through Russian professional participants could draw the attention of Western regulators, potentially leading to blocked accounts and frozen investor funds. This may prompt counterparties to avoid working with Russian platforms. — Ъ

📱 Apple will launch a device rental program to boost sales, starting July 28 in the United States. The Apple Upgrade program will be available for most models of iPhone, Mac, iPad, and Apple Watch.

⚠️🇪🇺🇷🇺 The European Commission is set to present an assessment of the economic impact of proposed sanctions against Russia to EU ambassadors today. This move aims to unblock negotiations and resolve the deadlock in agreeing on the 21st sanctions package — Euractiv.

⚠️🇷🇺 Shokhin warns of potential business bankruptcies if the Central Bank does not lower the key interest rate. He stated that maintaining the current rate could lead to risks of "autumn bankruptcies" due to the cumulative negative effects in the economy. For more details, visit TASS.

💰 The liquidity deficit in the Russian banking sector has reached its highest level since 2022, according to a report by FORBES. This situation is attributed to falling rates, a significant shift of funds into cash, largely due to seasonal holiday factors, and Central Bank operations that have mirrored investments from the National Wealth Fund, surpassing the inflow from current investments of the Fund.

📈 Goldman Sachs reaffirms its forecast for the S&P 500, projecting it will reach 8,000 by the end of 2026.