π¨ Ahead
π’ US oil - EIA inventory report at 17:30 MSK
API inventories were = +2.499M
π’ US oil - EIA inventory report at 17:30 MSK
API inventories were = +2.499M
π’οΈ The latest EIA report reveals U.S. crude oil inventories have increased by 1.328 million barrels, surpassing expectations of a 0.900 million barrel rise and significantly higher than the previous increase of 3.454 million barrels.
π Guatemala's largest bank, Banco Industrial, has launched international transfers using the stablecoin USDC. This new service aims to enhance the efficiency and speed of cross-border transactions, marking a significant step in the integration of cryptocurrencies into traditional banking operations. For more details, visit Banco Industrial.
π¨πΊπΈ US Senator Marco Rubio stated that the United States can no longer address all global issues on its own. He emphasized the need for a broader international collaboration to tackle pressing challenges, particularly in relation to the situation in Ukraine. The shift reflects a changing geopolitical landscape that requires collective efforts rather than unilateral actions. For more details, visit this link.
π« Russian shareholders of Positiv have approved the decision to suspend dividend payments for 2024.
π° Gazprom Neft reported a net profit of 92.6 billion rubles for the first quarter under IFRS, slightly exceeding the consensus estimate of 91 billion rubles but down from 160 billion rubles a year earlier. In Q1, the company increased its oil refining volume by 1.8%, reaching 10.6 million tons. For more information, visit ΠΠΠΠΠ ΠΠ ΠΠΠ€Π’Π or check their official site.
π₯β΄οΈ Bitcoin (BTC) has reached an all-time high (ATH), marking a significant milestone for the cryptocurrency. Investors are closely watching market trends as this surge could impact future trading and investment strategies. The increase has sparked discussions about the factors contributing to this rise and its potential implications for the broader financial landscape. For more updates, visit this link.
π¨ Alpha Bank holds approximately 45% of the digital financial assets market, according to information revealed at a closed session for retail investors during the Alpha Summit. The event was tailored for major business owners and featured prominent speakers, including Elvira Nabiullina, Chair of the Central Bank of Russia, as well as members of the Federation Council, RSPP, and the Ministry of Finance. Key topics included markets, capital, and strategies for scaling large companies.
β οΈ UPCOMING
Russia will release its consumer inflation (CPI) data for April at 19:00 Moscow time.
Russia will release its consumer inflation (CPI) data for April at 19:00 Moscow time.
π« PROMOMED has announced that it will not pay dividends for 2024. This aligns with previous forecasts, as the company has stated it would begin dividend payments no earlier than 2026.
π¨ The Omani Foreign Minister has announced that the fifth round of Iran-U.S. nuclear negotiations will take place in Rome on May 23.
Alpha
π¨ Texas has approved a bill for a strategic BTC reserve. The legislation is now awaiting the governor's signature, after which it will become law.
ππΊπΈ A new law has been enacted in Texas establishing a strategic BTC reserve. This move signals the state's commitment to cryptocurrency, particularly Bitcoin, as it seeks to enhance its financial strategies. The legislation aims to position Texas as a leader in the crypto sector, potentially attracting more investments and innovation in the digital currency space.