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πΊπΈ US Treasury Secretary Yellen traditionally addresses the market ahead of its opening:
- Oil prices are expected to decline soon.
- Inflation may see a few more upward prints before decreasing.
- Oil prices are expected to decline soon.
- Inflation may see a few more upward prints before decreasing.
π·πΊ Sovcombank reported a 1.5-fold increase in net profit under IFRS for the first quarter, reaching 19 billion rubles. The financial report is scheduled for release on May 15.
β οΈπΊπ¦ The launch on May 11 of a joint drone by Germany and Ukraine marks Berlin's direct involvement in the military confrontation. Each new weapon supply to Kyiv and every strike with Western arms against Russia brings the situation closer to a point of no return, warns Russia's representative at the OSCE.
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π¬π§ A recent study by the Royal College of London reveals that many Britons are turning to AI for healthcare advice. The findings indicate a growing trend of individuals seeking treatment recommendations through artificial intelligence, reflecting a shift in how people approach their health and wellness. As technology continues to advance, the reliance on AI in medical decision-making may become increasingly common.
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π’π·πΊ The Kremlin reports a high demand for Russian oil, indicating that many are eager to purchase it.
π "VSMPO-Avisma" will complete the delivery of 150 tons of titanium pipes for Egypt's first nuclear power plant by the end of June, a company representative informed RIA Novosti.
π¨ A lawsuit has been filed against the law firm Fenwick & West for $525 million, alleging its involvement in the collapse of FTX. Former CEO Sam Bankman-Fried (SBF) claims he was wrongfully imprisoned, stating that FTX did not need to declare bankruptcy. On February 10, SBF posted on his X account that FTX was never bankrupt and that lawyers submitted a false bankruptcy claim. mt in max
π’ Upcoming Events
The United States will release its Initial Jobless Claims report at 15:30 MSK. Additionally, Retail Sales data for April will also be announced at the same time.
The United States will release its Initial Jobless Claims report at 15:30 MSK. Additionally, Retail Sales data for April will also be announced at the same time.
π¨ The United States reported retail sales for April, showing a month-over-month increase of 0.5%, matching expectations. This follows a previous revision, where sales were adjusted from +1.7% to +1.6%.
π¨ The United States has reported initial jobless claims at 211,000, slightly above expectations of 205,000, and an increase from the previous figure of 199,000. Continuing jobless claims stand at 1.782 million, below the anticipated 1.790 million, and up from the earlier revised figure of 1.766 million.
π¨ Russian telecom giant Rostelecom is anticipating government directives regarding its 2025 dividend proposals, according to management statements by Oseevsky.
π¨ The Israeli Defense Minister, Yoav Gallant, has stated that the mission in Iran is not yet complete. He emphasized that Israel is prepared to take further action if necessary. The comments underline the ongoing tensions in the region and Israel's readiness to respond to potential threats. For more details, visit mt Π² max.
β οΈβ΄οΈ Recent growth in BTC from $80,000 to $82,000 was not driven by genuine spot purchases. The negative premium on Coinbase indicates a lack of real buying activity, raising doubts about the reliability of the current rally, according to Coindesk. On May 12, Wintermute, a major crypto market maker, suggested that the rally resembles a short squeeze rather than a true bullish movement. mt Π² max