⚠️ AHEAD

🛢 The U.S. oil inventory report from the API is set to be released today at 23:30 - 23:40 MSK.

📉 U.S. markets saw a decline, with the S&P 500 index dropping by 5%. Similarly, shares of AMD also fell by 5%. For more details, visit SPCX and AMD.

💥🇺🇸 Musk announced that in the future, the company will focus on developing products exclusively on the NVIDIA platform.

🛢️ Oil prices reacted to the latest API report, which indicated a crude oil inventory increase of 2.69 million barrels. This figure surpassed expectations of a 2 million barrel decline and was higher than the previous increase of 3.296 million barrels. The report highlights ongoing fluctuations in oil supply dynamics.

🇺🇸 Michael Burry is betting against the rally, believing that the market is nearing a major peak and could be on the verge of a decline similar to that of 1987. For more details, visit this link.

⚠️🇸🇦 Al Arabiya reports that there are currently no negotiations between Saudi Arabia and the Houthi rebels through intermediaries. Earlier, BBG had indicated that Saudi Arabia was engaged in talks with the Houthis, mediated by Oman, regarding a ceasefire and de-escalation.

📬 Today’s Calendar - August 5, 2026

Australia will release its Services/Composite PMI at 02:00 MSK, followed by Japan's Bank of Japan minutes at 02:50 MSK and Services/Composite PMI at 03:30 MSK. China’s Caixin Services/Composite PMI will be available at 04:45 MSK. India's central bank rate announcement is set for 07:30 MSK, with Services/Composite PMI following at 08:00 MSK. Russia, Germany, the Eurozone, and the UK will also publish their Services/Composite PMIs throughout the day, with key US data including ADP Employment at 15:15 MSK and ISM Services PMI at 17:00 MSK.

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🌎 The current exchange rates stand at USDCNY 6.74 and USDTRUB 83.6.

🚨 Former President Donald Trump announced "very good" progress in negotiations regarding Iran.

🚨 Oil prices are plummeting amidst what are being described as "progressive" negotiations regarding Iran, according to Western media sources. However, Iranian outlets have not reported on these developments. For more details, visit here.

🚨🛢 The United States is set to announce a deal with Iran and Oman regarding the Strait of Hormuz on Wednesday, according to AXIOS. President Trump stated in an interview with Fox News that the Strait of Hormuz will soon be reopened for shipping.

📈 The rally in global stocks, particularly in American equities, continues during the Asian session.

💥 Spot inflows into BTC ETFs are ongoing, according to SoSoValue data. Meanwhile, Bitcoin continues to trade within a narrow range.

🇺🇸 A deadly outbreak of "explosive diarrhea" in the United States has begun to claim lives, according to REN TV. Previously, former President Trump blamed Mexico for the outbreak and threatened to impose additional tariffs.

🛢 The U.S. Central Command has stated that the "southern route through the Strait of Hormuz remains free and open," referring to the path through Oman's territorial waters. Recently, Iran warned Oman about the risks of aiding the Americans. For more information, visit this link.

📈 Tech stocks in Asia are experiencing a strong rally, continuing their upward trend.

🚨 A sorting center for Wildberries caught fire in the Tula region following a drone attack, according to the governor.

🌕 Gold and silver are approaching the upper limits of their consolidations. Platinum and palladium have already emerged from their monthly consolidation periods.

🚨 India has maintained its central bank interest rate at 5.25%, consistent with previous expectations. The decision reflects the current economic conditions, with no changes from earlier rates.

🚨 China has released its July economic data. The Composite PMI stands at 50.8, down from the previous 53.6. Meanwhile, the Services PMI has also declined to 50.4, compared to 54.1 earlier.