๐ The annual global inflation rate slowed to 4.7% in June, down from 4.9%, according to the IMF.
๐ The Russian stock market is not a casino, according to recent discussions highlighting a series of unlikely risks that have unfolded over the years. The Central Bank emphasizes the importance of warning investors about these risks, likening it to advising against the dangers of smoking. For more insights, read the full interview and additional details in another interview.
๐จ๐ข๐ช๐บ The price of European TTF gas remains above 68 euros due to supply concerns as winter approaches, according to a report by the Wall Street Journal. This situation has raised alarms over potential shortages during the colder months. For more details, visit the full article here.
๐ท๐บ The net profit of "Tatneft" under IFRS for the first half of the year has nearly tripled, reaching 158.7 billion rubles. The report is set to be released on August 26.
๐ข๐ฐ๐ฟ๐ท๐บ Kazakhstan has commenced the supply of small batches of gasoline to Russia. The Kazakh refinery "Kondensat" is set to deliver approximately 70% of gasoline and diesel fuel to the country, according to Minister of Energy Erlan Akkenzhenov.
๐ฉ Dunkin Donuts is preparing to conduct an IPO this year. The move comes as the company aims to compete more directly with rival Krispy Kreme. Investors are keenly watching the developments surrounding Dunkinโs public offering, which could reshape the competitive landscape in the doughnut market. For more updates, visit this link.
๐ข๐ฎ๐ท Al Arabiya reports that the United States has proposed to lift its blockade on Iran in exchange for the reopening of the Strait of Hormuz.
๐ข๏ธ Saudi Arabia's revenue from oil exports in June reached its lowest level since May of last year, while the country's total exports marked the weakest performance since June 2021. This information comes from a report by the Kingdom's General Authority for Statistics (GASTAT) โ PRIME.
๐ช๐บ The European Union is unable to use frozen Russian assets to aid Ukraine due to concerns from certain member states, particularly Belgium, according to Euractiv. Approximately โฌ200 billion in Russian assets are currently frozen across Europe, with the majority held in the Belgian depository Euroclear.
๐ฐ The Central Bank of Russia reports that from April to June, net inflows into brokerage accounts exceeded 1 trillion rubles, marking a 19% increase from the previous quarter. This figure represents a record high since observations began in 2021. Nearly two-thirds of the total funds were contributed by qualified investors. For more details, see the official release.
๐จ CryptoQuant reports that new whales have realized a record profit of $1.2 billion in BTC at current levels, while older whales continue to hold their positions. For more details, visit CryptoQuant.
๐ข Oil prices have taken a significant hit, with Brent crude experiencing a decline of 6%. This drop reflects ongoing market volatility and economic concerns. Investors are closely monitoring global trends that may further impact oil prices. For detailed updates, visit this link.
๐ค The organizer of Kanye West's concerts has urged fans to "remain calm and be patient" amid ongoing developments. For more details, visit RT.