⚠️ AHEAD

The US Federal Open Market Committee (FOMC) will hold a meeting at 21:00 Moscow time, followed by a press conference at 21:30. The consensus indicates that the Federal Reserve is expected to maintain the interest rate at 3.75%. However, former President Trump has expressed a desire for a rate cut and recently hinted at this to Waller.

🔥🇺🇸 The Federal Open Market Committee (FOMC) has maintained the Federal Reserve's interest rate at 3.75%. The current rate matches expectations and remains unchanged from previous levels. The Federal Reserve cited that inflation has risen due to external shocks impacting the economy.

⚠️ AHEAD

🇺🇸 The U.S. FOMC press conference is scheduled for 21:30 MSK.

Watch here.

⚠️🇷🇺 In the first quarter of 2026, the number of defaulting issuers in the high-yield bond segment has nearly doubled. In the second quarter of 2026, due to significant repayment volumes, the number of defaults could rise substantially. — Ъ

⚠️🇷🇺 Production of Russian wine has decreased by 12.6–14% following three years of growth, according to reports. This decline marks a significant shift in the industry, highlighting the challenges faced by producers in the region. For more details, visit here.

🚨🇺🇸 FOMC Update:

Warsh highlights the economy's impressive resilience and the Fed's commitment to ensuring price stability. The Federal Reserve Committee refrains from making predictions, stating that inflation cannot be "cured" in just nine weeks. The Fed remains steadfast and will act without hesitation. Additionally, nominal and real yields on Treasury bonds are significantly higher than desired levels.

🚨🇺🇸 The FOMC's Waller speaks extensively but without clear direction. Many view him as an ideal Fed Chair. Markets aren't picking up on any particularly negative signals from his comments, yet they also struggle to draw definitive conclusions. The overall result is a state of uncertainty, but the absence of negativity has led to a rise in market activity. 💥

🚨🇺🇸 FOMC Update:

Fed Governor Waller stated that today’s Federal Reserve decision marks the beginning of a story, not its conclusion. He emphasized that crucial decisions lie ahead, particularly if inflation remains elevated. Waller noted that interest rates are currently higher than they were 42 days ago. The team will evaluate a new set of inflation data before the next meeting.

🚀 SpaceX aims to acquire frequencies at an auction to compete with mobile operators. The company's move is part of its strategy to expand its services and challenge existing telecommunications providers. For more details, visit Semafor.

🚨 Russia's Sberbank has announced its new three-year strategy for 2027-2029, aiming to maintain dividend payouts at 50% of net profit. However, the success of this initiative will largely depend on the evolution of regulatory frameworks, according to Taras Skvortsov, the bank's Deputy Chairman and Chief Financial Officer. For more details, visit Sber.

🇺🇸 Former President Donald Trump held a meeting with the CEO of Nvidia, marking a significant engagement in the tech industry. The discussion is expected to center around advancements in artificial intelligence and semiconductor technology, reflecting Nvidia's pivotal role in these sectors. Details of the meeting will likely shed light on future collaborations and initiatives in the rapidly evolving tech landscape.

🚨 The Federal Reserve Board member Michelle W. Bowman has completed her comments regarding the Federal Open Market Committee (FOMC) meeting. For more updates, visit the official Fed website for comprehensive insights on monetary policy decisions and economic assessments.

🇺🇸🇺🇦🇮🇱 Israel plans to completely withdraw from U.S. military aid within the next ten years, according to Axios. Meanwhile, Ukrainian President Zelensky has successfully convinced the U.S. that Ukraine can win the ongoing war, as reported by Politico. Additionally, media outlets have summarized the outcomes of yesterday's remarkable meetings with former President Trump.

🇺🇸 Traders in the SP500 may have realized they didn't fully understand the remarks made by Warsh. Meanwhile, inflation remains elevated.

🛢🇺🇸 The head of the U.S. Department of Energy, Chris Wright, announced that the United States has sufficient oil supplies despite a reduction in strategic reserves due to the Middle East conflict. Currently, the U.S. continues to deplete its Strategic Petroleum Reserve (SPR) at record rates, which has reached its lowest level since 1983.

🇺🇦 Trump stated that during his meeting with Zelensky, he insisted that the Ukrainian leader "end the war." Politico reported that Zelensky managed to persuade the U.S. that Ukraine can win the war.

🚀 SpaceX has secured a $1.6 billion contract with the U.S. Space Force for 18 Falcon 9 launches aimed at deploying military satellites.

🚨 Upcoming earnings reports:

🇺🇸 Meta (23:00 MSK)
🇺🇸 Qualcomm (23:00 MSK)
🇺🇸 Robinhood (23:05 MSK)
🇺🇸 Starbucks (23:05 MSK)
🇬🇧 Arm Holdings (23:05 MSK)
🇺🇸 Lam Research (23:05 MSK)
🇺🇸 Carvana (23:05 MSK)
🇺🇸 Electronic Arts (23:05 MSK)
🇺🇸 Microsoft (23:10 MSK)
🇺🇸 Chipotle (23:35 MSK)

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