⚠️🇷🇺 AKRA has downgraded the credit rating of PJSC Magnit to AA+(RU) with a stable outlook, as well as its bonds to the same level, AA+(RU). Additionally, the credit rating of AO Tander has also been lowered to AA+(RU) with a stable outlook.
🚨 Canada’s Producer Price Index (PPI) for April shows a month-on-month increase of 2%, down from 2.4% previously. Year-on-year, the PPI surged to 11.4%, rising significantly from 7.8% earlier. This marks the second consecutive month of rapid annual inflation acceleration.
🌟 The ICE and OKX exchanges are set to launch futures contracts for Brent and WTI crude oil. This collaboration aims to enhance trading opportunities in the oil market, providing investors with more options for hedging and speculation. The introduction of these futures is expected to attract significant interest from traders and market participants.
🇷🇺 DeliMobility has announced its dividend payment schedule for 2025, set to take place on May 25. Shareholders are encouraged to stay informed about this upcoming event. For more details, visit DeliMobility's website.
Alpha
⚠️🇷🇺 AKRA has downgraded the credit rating of PJSC Magnit to AA+(RU) with a stable outlook, as well as its bonds to the same level, AA+(RU). Additionally, the credit rating of AO Tander has also been lowered to AA+(RU) with a stable outlook.
💼 In response to a recent rating action by ACRA, the Magnit Group asserts its financial stability. Record investments are yielding results, with revenue growth outpacing the market for two consecutive quarters—15.9% in Q4 2025 and 13.1% in Q1 2026 amid falling inflation. April sales increased by 13.8%. Funding rates for Magnit are gradually declining, supported by recent debt market placements. As of December 31, 2025, the company's cash reserves totaled 250 billion rubles, covering refinancing needs for 2026 and the first half of 2027.
🚨 Iran Update: Qatar has dispatched a group of negotiators to Tehran in coordination with the United States to assist in reaching a deal aimed at ending the war in Iran, according to RTRS.
⚠️🇮🇷 The UAE has joined Saudi Arabia and Qatar in urging Trump to prioritize diplomacy over military action in relations with Iran. Gulf nations are concerned that renewed conflict could destabilize the region and harm their economies. — BBG
🚨 Russia's INARKTIKA has announced dividends for 2025, set at 10 RUB per share. The general meeting will take place on June 26, with the cut-off date for dividends on July 7.
⚠️🇨🇳 Chinese brokerage stocks are experiencing a significant downturn as the country tightens control over cross-border stock trading. Futu has received a subpoena related to an investigation, leading to a sharp decline in its shares, with FUTU down by 30%. For more details, visit here.
⚠️✴️ Polymarket has announced that user funds remain fully secure following a recent hack. The platform reassured its users that the integrity of their assets is intact. For more details, visit Polymarket.
🚨 Ahead
The United States will release several key economic indicators today. At 17:00 Moscow time, the Leading Economic Index for April will be published, followed by the Michigan Consumer Sentiment for May and consumer inflation expectations for May.
The United States will release several key economic indicators today. At 17:00 Moscow time, the Leading Economic Index for April will be published, followed by the Michigan Consumer Sentiment for May and consumer inflation expectations for May.
📈 The United States reported a leading economic indicators index for April, showing an increase of 0.1%. This figure surpasses expectations of a 0.1% decline and improves from a previous decrease of 0.6%.
📊 The latest data from the United States shows a decline in Michigan Consumer Sentiment for May, now at 44.8, down from a previous 49.8 and below expectations of 48.2. Additionally, one-year consumer inflation expectations rose to 4.8%, compared to 4.7% previously. Meanwhile, five-year consumer inflation expectations increased to 3.9%, up from 3.5%.
⚠️🇺🇸 U.S. rate-futures traders are now anticipating that the Federal Reserve will increase its policy rate as early as October, according to Bloomberg.