ECB Governing Council member Nagel: We still haven’t reached our inflation target.

Turkish President Erdogan: Türkiye will announce its mid-term plan on Wednesday.

USGS: A 5.8-magnitude earthquake struck 33 kilometers west-northwest of Porguera, Papua New Guinea.

The mayor of Donetsk: shells from the Ukrainian Armed Forces fell on kindergartens in the Kuibyshev district of Donetsk.

USGS: A 5.2-magnitude earthquake struck 39 kilometers south of Ikunji, Tanzania.

Chevron plans to source oil from Latin America for biofuels.

Bank of Russia: Monetary policy combined with expected return to budgetary rule parameters will help lower domestic demand.

Central Bank of Russia: Factory prices are expected to increase sharply in August due to rising costs.

Central Bank of Russia: Tightening monetary policy will take longer than in previous years.

Bank of Russia: Current price dynamics threaten the goal of returning inflation to the target level by 2024.

Central Bank of Russia: The continued impact of ruble depreciation and increased inflation expectations are important factors that increase inflation.

Central Bank of Russia: Inflationary pressures have intensified significantly.

ICE raw sugar rose 4.4 percent to its highest level since October 2011.

U.S. Congressional Doctors: U.S. Senate Minority Leader McConnell’s medical examination results showed no signs of epilepsy or stroke, and no evidence that he suffered from movement disorders such as Parkinson’s disease.

Goldman Sachs raised its GDP growth forecast for South Africa to 0.9% in 2023, from a previous forecast of 0.4%.

National Hurricane Center: Tropical Storm Chova is expected to intensify rapidly.

Vale will build an iron ore concentrator in Oman, and the Middle East concentrator is expected to start operations in 2027.

The Hungarian forint fell 1.5% to 387.5 against the euro.

According to TASS: The Central Bank of Russia predicts that GDP growth will be close to 2.5% in 2023.