π·πΊπ’οΈ LUKOIL may acquire the former TotalEnergies lubricants plant. Analysts estimate the asset's value at 1.5β2 billion rubles β Πͺ
β οΈβ΄οΈ Social media discussions are growing about Avalanche blockchain falling behind β both in development activity and user network activity amid sharply increased competition β Santiment
The same is currently happening with Cardano (#ADA)
The same is currently happening with Cardano (#ADA)
π₯π¦πΊ AUSTRALIA β RBA RATE = 4.35% (exp. 4.35% / prev. 4.35%)
RBA: inflation upside risks remain, RBA ready to hike if necessary
RBA: inflation upside risks remain, RBA ready to hike if necessary
πͺπΊ The European Union has begun developing a mechanism to limit the veto rights of new EU members β Politico
"If a new member state follows the rules, nothing will happen. If it does not follow the rules, the safeguard mechanisms will bite hard, and that is exactly the system we are building," β EU Commissioner Kos stated
"If a new member state follows the rules, nothing will happen. If it does not follow the rules, the safeguard mechanisms will bite hard, and that is exactly the system we are building," β EU Commissioner Kos stated
π·πΊ Russia's Ministry of Finance intends to reduce the share of government mortgage programs to 25β30% by 2030. At the start of the year, subsidized mortgages accounted for around 90% of new-build mortgage issuances. β ΠΠ·Π²Π΅ΡΡΠΈΡ
π·πΊ The Middle East conflict has contributed to narrowing discounts on Russian coal in certain markets. β Πͺ
β οΈπ¨π³ China's real estate sector stocks have fallen back to levels seen before the 2024 economic stimulus measures were introduced, signaling persistent pessimism toward the sector. β BBG
*Real estate accounts for more than 25% of China's GDP. Weakness in this sector raises concerns about the broader Chinese economy.*
*Real estate accounts for more than 25% of China's GDP. Weakness in this sector raises concerns about the broader Chinese economy.*
π¨π³ DeepSeek raised a record $7B in its latest funding round β The Information
β οΈπ’οΈ Investment banks are starting to cut their oil price forecasts amid the US-Iran deal and the expected reopening of the Strait of Hormuz β BBG
Wall Street's biggest banks are cutting their oil-price forecasts for the coming quarters, as optimism grows over a revival of Middle East crude output following an interim deal to reopen the Strait of Hormuz.
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It cannot be ruled out that the massive oil market deficit caused by the closure of Hormuz could theoretically even turn into a surplus. This would threaten further price declines down to the year's lows β or potentially even lower. β experts
Wall Street's biggest banks are cutting their oil-price forecasts for the coming quarters, as optimism grows over a revival of Middle East crude output following an interim deal to reopen the Strait of Hormuz.
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It cannot be ruled out that the massive oil market deficit caused by the closure of Hormuz could theoretically even turn into a surplus. This would threaten further price declines down to the year's lows β or potentially even lower. β experts
πΊπ¦πͺπΊ Ukraine intends to align its banks and insurers with EU rules by 2028, the central bank governor said. β RTRS
π’οΈ MARKET CONSENSUS, based on comments from shipping companies and military sources:
Restoring full transit through the Strait of Hormuz will take "several weeks," provided the peace agreement proceeds as planned
Restoring full transit through the Strait of Hormuz will take "several weeks," provided the peace agreement proceeds as planned
β΄οΈ CZ: "I have almost no fiat money, I use crypto for everyday expenses."
β οΈβ΄οΈ DeFi hacks in April triggered $13B in outflows from the sector β Binance Research
βοΈπ AI agents will soon replace conventional apps β Qualcomm CEO predicts
QUALCOMM CEO SAYS AI AGENTS WILL REPLACE APPS
QUALCOMM CEO SAYS AI AGENTS WILL REPLACE APPS
β οΈπ·πΊπ¦πͺ Russian demand for real estate in the UAE has fallen by more than 60% due to the military conflict and inflated prices β Vedomosti
β οΈπ¦π² Military exercises Eagle Partner β 2026 will be held in Armenia from June 17 to 25, with participation from the US, France, and Greece β Armenian Ministry of Defense
π«π’π·πΊ The number of drone attacks on Russia's energy infrastructure has sharply increased in recent months, causing full or partial shutdowns at a number of refineries and significantly reducing output of gasoline, diesel, and jet fuel in Russia, creating conditions for a fuel shortage β RTRS
ππΈπ¬ Singapore will launch an OTC gold clearing system this year and will also establish gold storage services for central banks β Singapore PM
πΊπΈπ Retail demand for single stocks has fallen to its lowest level since COVID. β Vanda Research
Some experts consider this a genuine decline in demand and a warning sign for equities.
Others argue it's a trend β retail investors are increasingly moving away from individual stocks and toward ETFs, preferably leveraged ones.
Some experts consider this a genuine decline in demand and a warning sign for equities.
Others argue it's a trend β retail investors are increasingly moving away from individual stocks and toward ETFs, preferably leveraged ones.
π¨π³ Alibaba is moving beyond chatbots and launching AI models for robots β SCMP