β οΈπͺπΊ NATO is currently facing its most dangerous crisis in 75 years, according to BBG. The alliance is grappling with significant challenges that could impact its future effectiveness and unity. Stakeholders are urged to pay close attention to the evolving situation as it unfolds. For more details, visit BBG.
π Upcoming Events
The United States will release the Richmond Manufacturing Index for June at 17:00 Moscow time. Additionally, the CB Consumer Confidence report for June is also scheduled for release at the same time. Federal Reserve Chair Jerome Powell is set to testify before the House Committee at 17:00 Moscow time as well. Watch the testimony (HERE).
The United States will release the Richmond Manufacturing Index for June at 17:00 Moscow time. Additionally, the CB Consumer Confidence report for June is also scheduled for release at the same time. Federal Reserve Chair Jerome Powell is set to testify before the House Committee at 17:00 Moscow time as well. Watch the testimony (HERE).
π¨ The Richmond Manufacturing Index for June in the United States has been reported at -7, exceeding expectations of -10 and slightly improving from the previous figure of -9. For more information, visit Richmond Fed.
π¨ The Consumer Confidence Index in the United States for June has been reported at 93, falling short of expectations of 99.4 and down from 98 previously. This decline raises concerns about the economic outlook as consumer sentiment plays a crucial role in spending and growth. For more details, visit here.
π Chainlink is strengthening its partnership with Mastercard, enabling nearly 3 billion cardholders to purchase cryptocurrency on-chain. This collaboration aims to enhance accessibility to digital assets for a broader audience. For more details, visit the full article here.
β οΈπ’ Oil prices fell sharply, with Brent crude dropping by 3.5% today, hitting new lows. This decline reflects ongoing market volatility and uncertainty surrounding global demand. Investors are closely monitoring economic indicators that could further influence oil prices in the coming days.
β οΈπͺπΊπ·πΊ EU ambassadors expect to lift the block from Hungary and Slovakia on the 18th sanctions package against Russia this week, according to RTRS.
π ProCap, a crypto company led by celebrity Anthony Pompliano, has acquired 3,724 BTC for its balance sheet.
β‘ "Inter RAO" has increased electricity production by 2% since the beginning of the year and expects a growth of 1-2% by year-end. The level of electricity exports from Russia may decrease by 4% by the end of 2025, according to the company's general director. For more details, visit TASS.
π’πΊπΈπ¨π³ The United States is prepared to increase energy resource exports to China, according to the U.S. Secretary of Energy. This move aims to strengthen bilateral energy ties amid ongoing global market transformations. For more information, visit here.
π₯π·πΊ Shares of MTS on the Moscow Exchange surged nearly 4% following the annual shareholders' meeting, which approved dividend payments for 2024 totaling over 68 billion rubles (35 rubles per share). This decision has resulted in a dividend yield exceeding 15.4% based on the current price. The company's revenue for 2024, according to IFRS, reached 703.7 billion rubles, reflecting a 16.1% increase compared to 2023.
π A prominent blogger, Bitmama, has been sentenced to seven years in prison. Valeria Fedyakina was found guilty of embezzling over 2.2 billion rubles from her clients.
π’οΈ Oil prices have fallen sharply, with Brent crude dropping by 4%. This decline reflects ongoing market fluctuations and geopolitical factors impacting the energy sector. Investors are closely monitoring these developments as they could influence global economic conditions. For more information, visit this link.