🗓 Today’s Calendar - June 3, 2025

Early presidential elections are taking place in South Korea. The Reserve Bank of Australia will release minutes from its last meeting at 04:30 MSK. China will report its Caixin Manufacturing PMI for May at 04:45 MSK, followed by Switzerland's CPI at 09:30 MSK and Turkey's CPI at 10:00 MSK. The Eurozone will provide preliminary CPI data for May at 12:00 MSK. In the U.S., Factory Orders and JOLTS job openings will be released at 17:00 MSK. Oil inventories from API will be reported at 23:30 MSK. Central Bank speakers include Mann from the UK and Goolsbee, Cook, Logan from the U.S. Additionally, VK's preferential rights for acquiring shares are expiring due to a secondary offering. Dividend announcements are expected from GEMA and VSEH. Earnings reports include Nio at 12:30 MSK, Dollar General at 13:50 MSK, Hewlett Packard at 23:05 MSK, and Crowdstrike at 23:10 MSK.

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🌎 The exchange rates show that the US dollar is valued at 7.198 against the Chinese yuan (USDCNY) and at 80 against the Russian ruble (USDTRUB).

⚠️🇮🇷 A new round of negotiations between Iran and the United States is in jeopardy due to the inconsistency of the U.S. and excessive demands, according to CNN sources. Former President Trump has once again called for a complete ban on uranium enrichment by Iran.

🛢🇷🇺 Saudi Arabia and Russia reached a challenging compromise on OPEC+ policy on Saturday, as Riyadh pushed for an acceleration in oil production while Moscow advocated for a pause. The negotiations highlight ongoing tensions between the two nations as they navigate their respective energy strategies. For more details, visit RTRS.

⚠️🇯🇵 The Governor of the Bank of Japan, Ueda, reiterated that he will raise interest rates if the economy and inflation align with forecasts.

🔔 China’s Caixin Manufacturing PMI for May dropped to 48.3, down from 50.4, signaling a contraction in the manufacturing sector. This unexpected decline is attributed to tariffs and marks the worst drop in nearly three years. For more details, visit CNBC.

🚨🇦🇺 Minutes from the recent RBA meeting indicate a shift in monetary policy:

- It's time to change the monetary policy to a easing approach.

- Global events have strengthened the case for a rate cut.

🎉 Donald Trump announced, "a Trump ally wins in Poland, shocking all of Europe." NewsMax reports this victory as a significant moment in Polish politics. Congratulations to Poland on selecting a WINNER!

🌟🇺🇸 Robinhood has finalized its acquisition of the cryptocurrency exchange, Bitstamp. This strategic move aims to enhance the broker's presence in the markets of Europe, the UK, and Asia. For more details, visit here.

🚨 The Ethereum Foundation is laying off some staff amid a restructuring of its R&D department. The revamped team will focus on three main priorities: scaling ETH and enhancing user experience.

❗️🇷🇺 Major banks are lowering interest rates on savings products ahead of the Central Bank's key rate meeting on June 6. — RBC

🚀 MTS has revealed its investment in artificial intelligence for the first time. The company's MWS AI division spent 1 billion rubles in 2024 to train its own large language models (LLM) of the Cotype family. CEO Denis Filippov shared this information with Vedomosti. For further details, visit Vedomosti.

✈️ Aeroflot will join a technological company merger to accelerate the implementation of artificial intelligence in its operations by the third quarter of 2025. The airline aims for around 70% of its communications to be powered by AI by 2030. For more details, visit this link.

💰 Issuers are showing confidence in the currency as the volume of bond placements in dollars and yuan continues to rise. Experts anticipate that issuer activity will remain high during the summer months, regardless of the Central Bank of Russia's decision on the key rate, as attracting funds in the debt market remains cheaper than bank loans. — Kommersant

🚀 Recent data from Santiment indicates that the crowd is significantly more bullish on ETH (the same) compared to BTC. Social media mentions show that for every bearish comment about BTC, there are 1.3 bullish comments. In contrast, ETH has a much stronger sentiment with 3.0 bullish comments for every bearish one.

🌍 Airbus reported a 4% decline in deliveries for May, according to sources. For more details, visit this link.

💥🇺🇸 Companies led by Elon Musk are reporting positive changes following his return to work after a significant hiatus from politics, according to a recent report. The news highlights the impact of Musk's leadership as he resumes his focus on business operations. For more details, visit CNBC.

🌟 Vitalik Buterin has stated that Ethereum Layer 1 needs to scale by ten times within a year.

🚀 Classover Holdings plans to raise $500 million for the purchase of SOL to bolster its balance sheet. The initiative underscores the growing interest in cryptocurrency among major corporations. For further details, visit here.

✈️ The MAKS Airshow is likely to be canceled for the third consecutive year, according to a source in the aviation industry who spoke to Interfax.