πΎ Russia reduced its wheat exports in July by nearly 17.7%, according to the monitoring by the Russian Grain Union. The main factor behind this decline is the tense situation in the Azov-Black Sea region. Additionally, the drop in prices for Russian wheat has accelerated.
β οΈπΊπ¦ The Security Service of Ukraine (SBU) is preparing new operations against Russia, according to President Volodymyr Zelensky.
π McDonald's has reported its latest financial results, with an adjusted EPS of $3.38, surpassing estimates of $3.32. However, revenue fell short at $7.10 billion compared to the expected $7.13 billion. The company's overall global comparable sales increased by 1.3%, slightly below the anticipated 1.39%. In the U.S., comparable sales rose by 0.8%, falling short of the 1.06% estimate. For more details, visit McDonald's.
π·πΊ Putin met with the CEO of "Alrosa". Key topics included the establishment of the largest diamond cutting cluster in Europe in Smolensk, the development of hard-to-reach diamond deposits, gold mining, and jewelry production.
π The average daily trading volume on the CME exchange in July saw a year-over-year increase of 23%, according to a recent report.
β¨πΊπΈ Wells Fargo is set to launch tokenized deposits for corporate clients this fall. The initiative aims to integrate digital assets into traditional banking, reflecting a growing trend in the finance sector. For more details, visit Wells Fargo.
π Tesla's China division reported a 37.8% year-on-year increase in deliveries for July, according to the China Passenger Car Association (CPCA). This surge highlights the company's continued growth in the competitive Chinese electric vehicle market. For more details, visit Tesla.
πΊπΈ US Treasury Secretary Yellen expressed pride in the interventions in the yen, stating that many believe the Chinese yuan is undervalued against the dollar.
π¨π’ Bessent stated that a deal with Iran to open the Hormuz Strait could be finalized tomorrow. The agreement regarding the Strait may take place on Tuesday or Wednesday. He anticipates a decrease in energy prices, as reported in an interview with CNBC.
π¨π―π΅ US Treasury Secretary Janet Yellen announced that the United States will assist Japan and do everything possible to support the Japanese yen.
β οΈπΊπ¦πͺπΊ Ukrainian defense manufacturer Fire Point has begun integrating radar systems and guidance systems from 13 European partners into its missile defense program, "Freya." This initiative aims to enhance Ukraine's defense capabilities amid ongoing geopolitical tensions. For more details, visit here.
πΊπΈ Americans now trust Democrats more than Republicans on economic issues for the first time in nearly a decade, according to a RTRS/Ipsos poll. This shift reflects changing perceptions as voters evaluate party performance in economic management leading up to the upcoming elections.
β΄οΈ Polymarket may be valued at $20 billion in an upcoming funding round, according to Bloomberg.
π·πΊ Russia will monitor food prices throughout the entire supply chain, from producer to store. The law, signed by Vladimir Putin, is set to take effect on January 1, 2027. β RT
π The United States reported a trade balance for June of - $73.3 billion, slightly worse than the expected - $73 billion and an improvement from the previous - $77.6 billion.