💼 AstraZeneca and Bristol Myers have engaged in merger discussions. The deal could exceed $400 billion, according to a report from the Financial Times. For more details, visit the link here: — FT

⚠️🇺🇸 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.

📬 Today’s Economic Calendar – August 3, 2026

Canada observes a holiday with no trading due to Civic Holiday. Key reports include Manufacturing PMI for Australia at 02:00 MSK, Japan at 03:30 MSK, China at 04:45 MSK, and India at 08:00 MSK. Russia's PMI is released at 09:00 MSK, followed by Switzerland's CPI at 09:30 MSK and Manufacturing PMI at 10:30 MSK. Germany, Eurozone, and the UK will also release their Manufacturing PMI through 11:30 MSK. In the US, S&P and ISM Manufacturing PMI will be released at 16:45 and 17:00 MSK respectively. Earnings reports include TGC-1, Loews at 13:00, Marriott at 14:00, Tyson Foods at 14:30, and more.

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🌎 The exchange rates have been reported with USDCNY at 6.75 and USDTRUB at 82.5.

🔍 Australia’s Manufacturing PMI for July has been reported at 52, an increase from the previous figure of 51.5. This positive change indicates a strengthening in the manufacturing sector, suggesting potential growth in the economy. For more details on the economic outlook, visit here.

📊 Japan's Manufacturing PMI for July is reported at 54.5, slightly down from the previous figure of 54.7.

🚨 China has reported its Caixin Manufacturing PMI for July at 50.9, down from the previous 51.7. This indicator reflects the economic performance of the manufacturing sector. For more details, visit Caixin.

🌎 US stock markets continue to rebound, while oil prices have dropped by 5%. Bitcoin remains stable following former President Trump's decision to cancel what he termed the "most powerful" strike against Iran.

❗️🇮🇷 Trump announced negotiations with Iran on Monday. He stated that the US and Iran have reached agreements regarding the Strait of Hormuz and is also hopeful for a deal on the nuclear program.

❗️🇷🇺 On September 4, RUSAL announced the dividend payment for the first half of 2026.

🚨🇯🇵 Japan's Ministry of Finance has announced its first joint intervention in the FX market with the United States in 15 years, aimed at strengthening the yen against the dollar. Officials stated that both Japan and the U.S. are prepared to conduct further currency interventions if necessary. The yen is currently appreciating against the dollar at unprecedented rates.

🛢 BloombergNEF reports that the gradual reopening of the Strait of Hormuz starting in August will lead to a surplus in the global oil market of 5.1 million barrels per day.

🇺🇦 Rubio stated that the United States will assess in the coming weeks the feasibility of resuming negotiations regarding Ukraine.

🇺🇸 Hedge funds have increased their long positions in the USD to a 12-year high, according to BBG|CFTC. However, the dollar itself is declining in global markets.

💥 The IMOEX index rose by 0.5% in the morning session, marking the continuation of a rebound that has persisted for three weeks.

🌎 Ray Dalio warns that while artificial intelligence will transform the world, stocks of AI companies could plummet by 80%. He highlights the potential volatility in the market as AI technologies evolve. Investors should remain cautious and consider the implications of such dramatic shifts in stock values. For more information, visit here.

🚨 The U.S. Senate has 72 hours left to vote on the CLARITY Act, a bill aimed at establishing a framework for the cryptocurrency market, before Congress goes on summer recess.

🇷🇺 This could be our portfolio for today's morning session.