⚠️🇷🇺 Russian gold producers are expected to face a slowdown in revenue growth and increased expenses, according to analysts. While revenue and EBITDA for Russian gold mining companies will continue to rise through 2026, the pace will be more restrained due to price pressures. Key risks for the sector include rising costs surpassing initial forecasts and the looming threat of a new windfall profits tax. For more details, visit Kommersant.
🇺🇸 The US Dollar Index (DXY) continues to strengthen amid escalating tensions between the US and Iran, rising inflation expectations, and predictions of a more hawkish Federal Reserve. Brent crude prices have surpassed $100, leading to a renewed increase in gasoline prices across the US. Former President Trump stated that he is close to deciding on delivering the most powerful strike against Iran.
✨ The U.S. Treasury Secretary, Janet Yellen, has urged for the swift passage of the CLARITY Act, emphasizing that other countries are rapidly implementing cryptocurrency regulations. She warned that the United States risks falling behind in this crucial area.
🚫🛢 An unprecedented situation has emerged in the Middle East, affecting all key maritime corridors. The risks of further oil price increases have intensified due to the threat of closures not only of the Strait of Hormuz but also of the Bab-el-Mandeb Strait, a crucial maritime route between the Red Sea and the Gulf of Aden, according to analysts.
❗️🇮🇳 India’s economic indicators for July show a decline in manufacturing and services sectors. The Manufacturing PMI stands at 53.9, down from 54.2, while the Services PMI has dropped to 53.1 from 57.4. The Composite PMI also fell to 54.3, down from 57.1, indicating a slowdown in economic activity.
⚠️🇮🇷 Houthi forces have opened a new front in the U.S.-Iran conflict. Former President Donald Trump stated that Iran will be held accountable for any future actions taken by the Houthis, as reported by the Wall Street Journal.
✈️ This autumn, the series production of the fully imported aircraft SJ-100 will commence, announced Dmitry Demeshin, the governor of Khabarovsk Krai.
🇺🇸 Former President Donald Trump expected the U.S. to conclude military actions against Iran within weeks, but progress has stalled. Frustration is mounting, with some advisors concerned that the ongoing conflict is consuming Trump's presidential term and undermining the already bleak prospects for Republicans in the upcoming Congressional elections. For more details, visit WSJ.
✨ Sberbank plans to launch a digital depository for cryptocurrency operations by December 1, 2026.
⚠️✴️ The mining pool Poolin, once one of the largest in the world, has filed for Chapter 11 bankruptcy.