β οΈ Israel is preparing to strike Iran's nuclear facilities, according to CNN. The tensions between the two nations continue to escalate as Israel seeks to prevent Iran from developing nuclear weapons. The situation remains volatile, with international implications for security and energy markets. For more details, visit CNN.
π¨ Russia has extended invitations to the United States and several unfriendly nations for a security forum in Moscow, as reported by Alexander Venediktov, Deputy Secretary of the Russian Security Council. The international meeting of high-level representatives overseeing security matters is scheduled to take place from May 27 to May 29 in Moscow.
π’ Oil prices rose by 1.7% following reports of Israel's preparations for a strike on Iran.
β οΈπͺπΊπ·πΊ The 18th sanctions package against Russia will primarily focus on tightening the oil price cap. Restrictions may also include the Nord Stream pipelines. According to Estonian Prime Minister Kaja Kallas, the approval of these new measures is expected to proceed swiftly. Discussions regarding the tightening of the oil price cap may take place at the upcoming G7 summit.
π Morgan Stanley has raised its forecast for China's GDP growth in 2025 to 4.5%.
π¨π³ NVIDIA forecasts that by 2026, the Chinese artificial intelligence market will reach $50 billion.
ππΊπΈ The vote on the GENIUS Act concerning stablecoins is ongoing, as the U.S. Senate is set to vote today on a proposal to continue debates on the legislation. Many investment firms and leaders within the crypto industry believe that the adoption of stablecoin regulations could serve as a significant catalyst for the crypto sector and markets.
π¨ Former President Donald Trump, in discussions with Ukrainian President Volodymyr Zelensky and European leaders, stated that Russia and Ukraine must find a solution to their ongoing conflict. Trump is exploring avenues to disengage from the Russia-Ukraine negotiations, highlighting a shift in U.S. diplomatic strategy. For more details, visit NYT and FT.
Alpha
β οΈπ―π΅ Japan's 20-year bond auction has recorded the weakest demand since 2012, according to reports. Analysts are anticipating further tightening of monetary policy in the country. For more details, visit this link.
β οΈπ―π΅ The yield on Japan's 30-year bonds has surged to 4.96%, marking one of the highest levels since the global financial crisis.
π "DeliMobil" has launched a new service for car maintenance and repairs called "DeliService."
π According to data from the Central Bank, inflation expectations among Russians have been rising for the second consecutive month, even as observed inflation decreases. The Central Bank has repeatedly noted that the speed and stability of the decline in inflation and inflation expectations will influence future decisions regarding the key interest rate.
π Strive Asset Management, led by Vivek Ramaswamy, a partner of Elon Musk at the Department of Government Efficiency (DOGE), is set to significantly boost its holdings in BTC. The firm plans to acquire claims for 75,000 BTC from Mt. Gox at a discount, potentially enhancing its position in the cryptocurrency market. For more details, visit here.
β οΈ The United States opposes the inclusion of a clause regarding continued support for Ukraine in the final statement of the G7 Finance Ministers' meeting in Canada, according to Politico. Additionally, the U.S. is against characterizing the military operation in Ukraine as "illegal" in the document. For more details, visit Politico.
π·πΊ On May 28, Ozon Pharmaceuticals will hold a meeting regarding dividends for the first quarter of 2025.