💥🇷🇺 INCB has won an Arctic tender for the production and delivery of over 3,500 km of optical cable to a warehouse in Nizhny Bestyakh, Sakha Republic (Yakutia). The total volume of products procured for the project exceeds 7,000 km, with manufacturing taking place at Russian factories. For more details, see the release here.
🌟 Circle has announced a partnership with Kakao and Toss Bank to explore the implementation of stablecoin-based payment systems in South Korea. This collaboration aims to enhance the digital payment landscape in the region, leveraging the growing interest in cryptocurrencies.
🇺🇸🇸🇦 Trump announced that a nuclear agreement with Saudi Arabia will be approved, but only if the kingdom joins the Abraham Accords.
⚡️ The Eurozone's Central Bank has maintained its interest rates, with the main rate set at 2.4%, matching previous expectations. The Deposit Facility Rate remains unchanged at 2.25%, while the ECB Marginal Lending Facility is also steady at 2.65%. The European Central Bank noted that rising energy prices have increased uncertainty and inflationary pressure, indicating a data-driven approach to future decisions.
⚠️🇮🇷 Former President Trump stated that the Houthi rebels have resumed their actions, attacking two Saudi vessels last night. He warned that if such incidents continue, the U.S. will hold Iran responsible, as the Houthis are considered to be its proxies.
⚠️🇮🇷 The Iranian hacker group "Hanzala" has announced plans to carry out cyberattacks on critical infrastructure in the United States in the near future.
🚨 Upcoming Events
🇺🇸 USA - Initial Jobless Claims at 15:30 MSK
🇺🇸 USA - Chicago Fed National Activity (June) at 15:30 MSK
🇺🇸 USA - Initial Jobless Claims at 15:30 MSK
🇺🇸 USA - Chicago Fed National Activity (June) at 15:30 MSK
🚨 The Chicago Fed National Activity Index for June has been released, showing a value of -0.02. This figure is below the expected +0.14 and an improvement from the previous month’s reading of -0.19.
🚨 The United States has reported initial jobless claims at 187,000, lower than the expected 211,000 and down from the previous 209,000. Continuing jobless claims stand at 1.796 million, slightly below the anticipated 1.809 million and just above the prior figure of 1.798 million.
🌫 Global steel production in June reached 155.7 million tons, marking a 1.7% year-on-year increase, according to the World Steel Association (WSA).
⚠️🇮🇷🇬🇧 The Iranian Foreign Ministry has stated that Britain is seeking an alliance with aggressors and has turned itself into a co-conspirator in the war.
⚠️🇪🇺 The European Central Bank (ECB) may raise interest rates in September due to a surge in energy prices and increasing inflationary pressure, according to RTRS.
🛢 Brent crude oil is currently priced at $100, according to Mohber, an advisor to Iran's Supreme Leader. He stated that this price is due to disruptions in transportation rather than production issues. Mohber accused the United States of igniting a real fire at oil and gas fields in the region, a situation he claims could engulf the entire world.
🚨🛢 Houthi forces in Yemen are redeploying military equipment to regions near critical shipping routes. Experts warn that if attacks extend from tankers to the Saudi oil industry, global markets will feel the repercussions of this conflict.
🚫🛢️ Kazakhstan has reduced oil production due to the suspension of shipments through the CPC, according to the Ministry of Energy.
⚡️In the first half of the year, electricity generation by TGC-1 decreased by 11.5%, totaling 14.5 billion kWh.
🚨🇪🇺🇺🇸 The European Commission has fined Google €890 million for breaching EU digital regulations. This significant penalty is likely to spark outrage from former President Donald Trump.