π¨π¨π³πΊπΈ China has reduced its holdings of US Treasury securities to the lowest level since 2008, now totaling $652 billion, according to data from the US Treasury Department. This significant decrease highlights ongoing shifts in global financial strategies. For more information, visit mt in max.
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π¨ The Reserve Bank of India has conducted interventions in the Indian Rupee, which has been declining against the US dollar for several months. For more details, visit mt Π² max.
π A new bill has been introduced in South Carolina that supports payments in cryptocurrencies while prohibiting payments in CBDC.
β οΈ AHEAD
The Eurozone will release its Consumer Price Index (CPI) for April at 12:00 Moscow time.
The Eurozone will release its Consumer Price Index (CPI) for April at 12:00 Moscow time.
π¨ Eurozone Consumer Price Index (CPI) for April shows a month-on-month increase of 1%, matching expectations but down from the previous 1.3%. Year-on-year, inflation stands at 3%, in line with forecasts and up from 2.6% last year. The core CPI is recorded at 2.2% year-on-year, meeting expectations but slightly lower than the previous 2.3%.
β οΈπ¬π§ House prices in Britain have halted their upward trend, according to the Office for National Statistics (ONS). The latest report indicates that there was no growth in house prices over the year leading to March. For more details, visit the ONS article. For market insights, check out mt in max.
π Former President Trump has directed the government and the Federal Reserve to review and ease access for cryptocurrency firms to payment services in the United States. This move aims to enhance the operational environment for digital currency companies.
π’πͺπΊ The European Commission believes that EU countries can reduce gas consumption by 15 billion cubic meters this year, according to a representative cited by RTRS.
π In the past two years, the share of decentralized exchanges (DEX) in the total volume of cryptocurrency futures trading has nearly tripled. In April 2024, DEX accounted for only 2.9% of the market, but by April 2026, their share surged to 8.0%. β Cryptorank
π·πΊ Russian non-oil and gas budget revenues are projected to rise by 39% year-on-year in May, reaching 0.7 trillion rubles. However, these revenues are expected to decline by 17% compared to April, according to calculations by RTRS.
π Stellantis and Dongfeng are set to establish a joint venture to manufacture and sell Voyah vehicles in Europe.