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⚠️🇺🇸 AMZN
KISR reported another strike on Amazon's data center in Bahrain, according to Al Jazeera.
⚠️ AHEAD

The Central Bank of Russia (CBR) is set to announce its interest rate at 13:30 Moscow time today. This will be followed by a press conference at 15:00 Moscow time. The consensus anticipates that the rate will remain unchanged at 14.25%, although a potential reduction of 0.25% is also on the table.
🔥🇷🇺 The Central Bank of Russia has set its key interest rate at 14%, with expectations ranging from 14% to 14.25%. The significant rise in prices and inflation expectations during the summer months were largely attributed to one-time factors. The core inflation rate is projected to remain between 4% and 5% annually. Credit growth slowed in June, and businesses have lowered their future demand and output expectations. The baseline scenario anticipates an average key rate of 14.5% to 14.6% in 2026, with inflation expected to reach 6.0% to 7.0% that year. More details can be found .
⚠️🇷🇺 The Central Bank of Russia has adjusted its macroeconomic forecast, raising the average key interest rate range for 2026 to 14.5-14.6% (up from 14-14.5%) and for 2027 to 10.5-12.5% (from 8-10%). Additionally, the inflation forecast for 2026 has been increased to 6-7% (up from 4.5-5.5%). For more details, see the release.
⚠️ The Central Bank of Russia surprised markets by lowering the interest rate by 25 basis points, softer than expected, but removed the dovish signals. The next board meeting to discuss the rate will take place on September 11.
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⚠️🇷🇺 It is still too early to buy Russian stocks, as the market may decline further. The recent rebound in IMOEX does not signal a reversal; stabilization above 2200 and a softer stance from the Central Bank are necessary. However, there are some stocks that are catching my attention already. Denis Astafyev shares insights in the channel.
🇺🇸 The US dollar concluded the week with its strongest growth in a month.
🇷🇺 Positive Technologies is set to report its first-half results for 2026 on July 27. The company previously announced a shipment target of 8.5 billion rubles for the first half of the year.
🚨 Ahead

The Central Bank of Russia will hold a press conference at 3:00 PM Moscow time.

WATCH
❗️🇷🇺 NABIULLINA: "GOOD DAY!"
❗️🇷🇺 In a recent statement, Central Bank Governor Elvira Nabiullina emphasized that inflationary risks are predominant overall in the Russian economy. For more information, visit this link.
❗️🇷🇺 The Central Bank of Russia (CBR) is not considering an increase in its inflation target, stating that such a move would be detrimental to the economy. In the future, CBR is prepared to only contemplate a reduction of the inflation target, according to Governor Elvira Nabiullina.
🇺🇸🇮🇷 Former President Donald Trump stated he is in no rush to finalize a deal with Iran due to the upcoming elections in the United States. The Trump administration is actively seeking funds to continue military actions against Iran, according to BBG.
🌐 China's Foreign Minister Wang Yi has called for China and Russia to strengthen cooperation amid the complex global situation.
🛢🇺🇸🇺🇦 American company Chevron has reported to the Trump administration about attacks on the Caspian Pipeline Consortium (CPC) by Ukraine in the Black Sea. Following this, the United States has warned Ukraine against targeting non-Russian vessels in the Black Sea, according to the Wall Street Journal.
🚨 American tech giants are lobbying the Trump administration against a ban on Chinese AI models, according to The Telegraph.
🇰🇷🇺🇸 South Korean companies SK Hynix and Samsung have formed partnerships with major American tech firms worth $950 billion, according to RTRS.
🇺🇸🇷🇺 A new package of American "hellish sanctions" against Russia is currently stalled in Congress due to disagreements between Democrats and the Trump administration. The contention centers around section 113 of the bill, which grants the president the authority to impose tariffs of up to 100% on goods from countries that actively purchase Russian oil, gas, and uranium. Democrats view this provision as a blank check for unilateral tariff control and oppose granting such broad powers to the president. — NYT
💥🇺🇸 SpaceX has successfully conducted the 13th test launch of its Starship spacecraft, designed for future missions to the Moon and Mars.