๐จ The Russian economy shows mixed signals as the July Services PMI rose to 49, up from 48.2, while the Composite PMI also improved to 49.6, compared to 48.9 previously. These indicators suggest a slight recovery in the services sector amidst ongoing economic challenges.
โ ๏ธ๐ช๐บ๐ท๐บ The European Union's 22nd sanctions package against Russia will focus on combating the circumvention of existing restrictions. The European Commission is currently preparing the project, which is expected to be approved ahead of the Foreign Affairs Council meeting on October 12. For more details, visit Izvestia.
๐ท๐บ On September 21, the Moscow Financial Forum (MFF-2026) will take place, bringing together key players in the financial sector. This event aims to discuss current market trends and strategies for the future. Experts and industry leaders will share insights and foster collaboration among participants.
๐จ Recent data from Santiment reveals that there has been a significant outflow of LINK tokens from exchanges, marking the highest withdrawal rate in two months. This surge in activity highlights growing interest and potential shifts in the market dynamics surrounding the cryptocurrency. For more information, visit the full report on Santiment's website.
โ ๏ธ๐ท๐บ Due to sales challenges, the price of wheat and barley in the Russian domestic market has decreased by 8โ14.5% since mid-July, and by 17.8โ20.1% over the past year. Only half of the Russian harvest is being exported, with attacks on port infrastructure causing exports to plummet by 17โ83% in July. Recovery in August seems unlikely โ ะช.
๐ฏ๐ต Japan plans to implement AI in its military, aiming to accelerate the process of target evaluation and selection, according to Nikkei.
๐ท๐บ๐ช๐บ A court has postponed until September the appeal by Euroclear to recover 26.2 billion rubles in favor of Sber, according to RIA.
๐ SpaceX has secured contracts worth $6 billion from the U.S. government for its military satellite program, Starshield.
๐ Trading volume of gold on the Moscow Exchange doubled in the period from January to July, reaching 255.4 tons.
๐ซ Russia has increased its export of chocolate confectionery products by 18% in the first quarter of 2026, reaching 82,000 tons, valued at $400 million, according to Agroexport.
๐จ Ahead
Germany's Services/Composite PMI for July will be released at 10:55 Moscow time. The Eurozone's Services/Composite PMI for July follows at 11:00 Moscow time. Finally, the UK's Services/Composite PMI for July is set for 11:30 Moscow time.
Germany's Services/Composite PMI for July will be released at 10:55 Moscow time. The Eurozone's Services/Composite PMI for July follows at 11:00 Moscow time. Finally, the UK's Services/Composite PMI for July is set for 11:30 Moscow time.