๐ข๐ช๐บ Gas injection into European storage facilities in July reached its lowest level in six years, with reserves nearing a historic low, according to TASS reports.
โ ๏ธ๐บ๐ธ๐ท๐บ The US Senate is expected to approve the "hellish sanctions" bill against Russia in a final procedural vote next week. Following this, the bill will go to the House of Representatives, which will review it after returning from recess in September. Concerns regarding the extensive powers granted to Trump over tariffs may lead the House to block the legislation, as previously reported by RTRS and Politico.
โ ๏ธ๐ฎ๐ท Iran's Foreign Minister Zarif confirmed Trump's statements about an agreement over Hormuz, leading Trump to cancel what he called the "most powerful" strike against Iran, according to Channel 12. However, FARS, linked to the IRGC, denied any agreement shortly after. Iran is divided between those favoring a secular state and those wanting to maintain the current regime. Tensions persist, with conflicting statements from Iranian officials and ongoing negotiations with the U.S., creating a chaotic and uncertain environment.
๐ Michael Saylor announced that Strategy plans to remain a net buyer of BTC.
๐ Key events for this week include ongoing corporate earnings seasons in the US, Europe, and Russia.
On Monday, August 3, Canada observes Civic Holiday with no trading. Key data releases include Manufacturing PMI figures from several countries, including Japan, China, India, and the US.
Tuesday features the US trade balance and job openings.
Wednesday highlights include Australia's Services PMI and US ADP Employment data.
Thursday focuses on US jobless claims, while Friday presents Chinaโs trade data and US Non-Farm Payrolls.
On Monday, August 3, Canada observes Civic Holiday with no trading. Key data releases include Manufacturing PMI figures from several countries, including Japan, China, India, and the US.
Tuesday features the US trade balance and job openings.
Wednesday highlights include Australia's Services PMI and US ADP Employment data.
Thursday focuses on US jobless claims, while Friday presents Chinaโs trade data and US Non-Farm Payrolls.
๐ Michael Saylor has dismissed recent rumors that Strategy plans to sell an additional $5 billion in BTC, stating that these are old news based on a company strategy approved a month ago. He emphasized that there is currently no need for the company to make urgent sales. Saylor reaffirmed the company's commitment to remain a net buyer of BTC in the market.
๐ช๐บ๐ฎ๐ท European countries, including Ukraine, have assured Tehran that they will not fight alongside the United States, according to Iran's Foreign Ministry. This statement comes amid reports from Politico about Kyiv's plans to assist the U.S. and Gulf nations with interceptor drones.
๐ช In St. Petersburg, on Airborne Forces Day, a man jumped from a high-rise building using a parachute. This unusual stunt caught the attention of onlookers and was reported by Fontanka.
๐ The longest highway in Africa, the Tiznit-Dakhla road, has been named after Donald Trump, as announced by King Mohammed VI of Morocco.
๐บ๐ธ Trump Media has launched the Truth API, a subscription service that provides financial firms and banks with "the fastest access" to posts from Donald Trump and around 10 other influential accounts on Truth Social. This development was previously reported, with sources indicating that Trump is seeking $100,000 per month for the API service. For more information, visit here.
๐๏ธโโ๏ธ Former President Donald Trump held two tournaments at his golf club in New Jersey, declaring himself the winner of both events. After his victories, he awarded himself the championship trophy.
โ ๏ธ๐บ๐ธ The yield on 30-year U.S. Treasury bonds has reached 5.27%, marking the highest level since the global financial crisis of 2008. A yield of 5% or more is historically viewed as a "very scary psychological" threshold, affecting not only bonds but also riskier assets like stocks and cryptocurrencies.
โ ๏ธ๐บ๐ธ The US national debt has surged by $3.6 trillion over the past year, following former President Trump's signing of his "Big, Beautiful Bill" in July 2025, which raised the debt ceiling by $5 trillion. During his 2024 campaign, Trump emphasized reducing the national debt. However, the debt has continued to rise at unprecedented rates. Experts, including Rockefeller Capital Management's CEO and Ray Dalio, are sounding alarms about this rapid growth, with Dalio warning that the US is nearing a "point of no return" regarding its debt.