🌟 The Central Bank of Russia has established rules for margin trading of cryptocurrencies and digital assets. Both qualified and non-qualified investors will be allowed to engage in margin transactions. However, non-qualified investors will face limits on cryptocurrency operations, which will be determined by the Central Bank. For more details, visit the official release.

⚠️🇺🇸 Mortgage rates in the United States have risen to a yearly high. The rate for a 30-year fixed mortgage has increased to 6.76%, according to the Mortgage Bankers Association (MBA).

⚠️🇮🇷 A potential conflict between the U.S. and Iran may extend for several months due to a deadlock surrounding the Strait of Hormuz, according to current and former U.S. military officials. The situation remains complex, impacting regional stability and oil markets. For more details, visit BBG. 🛢

🚨🇺🇸🇷🇺 A bill proposing "hellish sanctions" against Russia will not be passed until at least September 2026, as the Senate has adjourned after voting. Even if the bill is approved by the Senate, it will still require approval from the House of Representatives, which will take additional time. Furthermore, the bill may fail altogether, as many senators oppose it due to concerns that it grants too much unilateral power to Trump regarding decisions on sanctions and tariffs. — POLITICO

💹 The exchange rates for the Russian ruble have shown significant changes. The US dollar (USDRUB) has surpassed 80 rubles, while the euro (EURRUB) is now over 90.90 rubles. Additionally, the Chinese yuan (CNYRUB) has exceeded 11.80 rubles. For more details, visit this link.

💥 The OFZ Index (RGBI) has surpassed 115.

✈️ Airbus reported its second-quarter adjusted EBIT of €2.43 billion, surpassing estimates of €2.18 billion. The company's performance reflects strong operational efficiency and demand in the aerospace sector. Investors remain optimistic as Airbus continues to navigate the challenges of the global market. For more details, visit this link.

🚀 Bison Bank has made history as the first cryptocurrency bank in Portugal to receive a MiCA license. This milestone marks a significant step in the country's financial landscape, paving the way for greater integration of digital assets in the banking sector.

🚫🛢 A floating LNG storage facility, owned by the United States and operating under the flag of the Marshall Islands, was attacked by a drone off the coast of Egypt, according to Ambrey.

🇺🇸🇺🇦 According to the Financial Times, Witkoff and Kushner have agreed to visit Kyiv.

⚠️ AHEAD

🇷🇺 Russia's consumer inflation (CPI) data for the week will be released at 19:00 Moscow time.

📈 Russia's GDP grew by 0.9% year-on-year in the second quarter, according to the Ministry of Economic Development. For the first half of the year, the growth rate stands at 0.3% year-on-year.

💵 A powerful closed trading conference will take place on July 30-31. The lineup features experts with nearly 30 years of experience in financial markets, each holding significant positions in either the Russian or international markets. They will share their exclusive strategies and insights on navigating the current market landscape.

Topics include the MOEX market, the U.S. stock market, cryptocurrencies, risk management, and identifying opportunities in high volatility conditions.

To view the full speaker lineup and obtain a free ticket, visit the LINK.

⚠️ AHEAD

The US Federal Open Market Committee (FOMC) will hold a meeting at 21:00 Moscow time, followed by a press conference at 21:30. The consensus indicates that the Federal Reserve is expected to maintain the interest rate at 3.75%. However, former President Trump has expressed a desire for a rate cut and recently hinted at this to Waller.

🔥🇺🇸 The Federal Open Market Committee (FOMC) has maintained the Federal Reserve's interest rate at 3.75%. The current rate matches expectations and remains unchanged from previous levels. The Federal Reserve cited that inflation has risen due to external shocks impacting the economy.

⚠️ AHEAD

🇺🇸 The U.S. FOMC press conference is scheduled for 21:30 MSK.

Watch here.

⚠️🇷🇺 In the first quarter of 2026, the number of defaulting issuers in the high-yield bond segment has nearly doubled. In the second quarter of 2026, due to significant repayment volumes, the number of defaults could rise substantially. — Ъ

⚠️🇷🇺 Production of Russian wine has decreased by 12.6–14% following three years of growth, according to reports. This decline marks a significant shift in the industry, highlighting the challenges faced by producers in the region. For more details, visit here.

🚨🇺🇸 FOMC Update:

Warsh highlights the economy's impressive resilience and the Fed's commitment to ensuring price stability. The Federal Reserve Committee refrains from making predictions, stating that inflation cannot be "cured" in just nine weeks. The Fed remains steadfast and will act without hesitation. Additionally, nominal and real yields on Treasury bonds are significantly higher than desired levels.

🚨🇺🇸 The FOMC's Waller speaks extensively but without clear direction. Many view him as an ideal Fed Chair. Markets aren't picking up on any particularly negative signals from his comments, yet they also struggle to draw definitive conclusions. The overall result is a state of uncertainty, but the absence of negativity has led to a rise in market activity. 💥

🚨🇺🇸 FOMC Update:

Fed Governor Waller stated that today’s Federal Reserve decision marks the beginning of a story, not its conclusion. He emphasized that crucial decisions lie ahead, particularly if inflation remains elevated. Waller noted that interest rates are currently higher than they were 42 days ago. The team will evaluate a new set of inflation data before the next meeting.