✨ More than half of all cryptocurrencies launched since 2021 have ceased to exist, according to a Coingecko report. Specifically, 52.7% of these digital assets have failed, highlighting the volatility and challenges within the cryptocurrency market.
🚨 Russia's experts suggest that the cutoff price for oil to replenish the National Wealth Fund could be reduced to $50 per barrel for Urals. If the budget rule remains unchanged, there are risks of rapid depletion of the Fund and a strengthening of the ruble, experts warned. For more details, visit Izvestia.
🚨🛢️🇷🇺 Brent crude has fallen below $60, while Urals dipped to $50. The Russian economy is increasingly reliant on oil prices, not as a growth driver but as a risk factor. In spring 2025, Brent prices reached their lowest since 2021, with Urals trading around $50 on some days, below the budgetary cutoff price. Analysts warn of lost revenue and potential threats to the Russian economy, suggesting new tax measures may be necessary. — Izvestia
🚨 Russian shareholders of T-TECHNOLOGIES have approved dividends for 2024, set at 32 rubles per share. The cutoff date for eligibility is May 16.
⚡️🇷🇺 The Russian stock market experienced a sharp rise during the main session after the Bogdanoff Market BDSM team prompted speculators to sell off at the lowest points in the morning session. Monitoring of the market indicates a significant shift in trading dynamics.
🚨 Ahead
Germany will release its Services/Composite PMI for April at 10:55 Moscow time. The Eurozone follows with its own Services/Composite PMI at 11:00 Moscow time. Finally, the UK is set to announce its Services/Composite PMI for April at 11:30 Moscow time.
Germany will release its Services/Composite PMI for April at 10:55 Moscow time. The Eurozone follows with its own Services/Composite PMI at 11:00 Moscow time. Finally, the UK is set to announce its Services/Composite PMI for April at 11:30 Moscow time.
⚠️🇪🇺🇷🇺 The European Commission may propose a 17th sanctions package against Russia today, which will include measures targeting individuals and legal entities, as well as tankers, according to POLITICO.
🚨 The Eurozone's April economic data reveals a decline in key indicators. The Composite PMI stands at 50.4, down from the previous 50.9, while the Services PMI has dropped to 50.1 from 51. These figures indicate a slowdown in economic activity, raising concerns among analysts about future growth prospects.
🚫🛢️ The European Union's phased plan to reduce reliance on Russian gas includes a ban on European companies from signing contracts for energy supplies from Russia. These new restrictions may lead to an increase in liquefied natural gas (LNG) supplies to Europe from the United States.
— RTRS
— RTRS
🇺🇸🇸🇦 The CEOs of BlackRock and Citigroup are set to accompany former President Donald Trump on a trip to Saudi Arabia. This visit is expected to focus on enhancing business relations and investment opportunities between the United States and the Gulf nation. Further details on the itinerary and objectives of the trip will be released soon.
🚨 The UK economy shows signs of contraction as the Composite PMI dropped to 48.5 in April, down from 51.5. The Services PMI also declined to 49, falling from 52.5. These figures indicate a slowdown in economic activity and raise concerns about future growth.
🚫 Russian shareholders of Rusolovo have approved the decision to not pay dividends for the year 2024.
🇷🇺 WUSH has called a general meeting of shareholders to discuss dividends on June 10.
⚠️🇺🇸 Tesla's sales in the UK fell by 62% year-on-year in the third quarter. This significant decline reflects the challenges the company faces in the competitive automotive market. For more details, visit Tesla's official site.
🚫 The company WHOOSH has announced that there will be no dividends paid for the year 2024. The decision was made public on June 10.
🚗 Sales of passenger cars in Britain fell by 10.4% year-on-year in April, according to the Society of Motor Manufacturers and Traders (SMMT).