Alpha
⚠️🇷🇺 In April, Russia reduced its steel production by 5.1%, according to a report from the World Steel Association (WSA).
⚠️ Russia ranked third in April for the decline in steel production among the top ten producing countries. Year-on-year, the output fell by 5.1%, compared to a global average decrease of 0.3%. — Ъ
🤖 The Russian Ministry of Industry and Trade believes that the widespread adoption of robots will enhance the efficiency of the economy.
🇺🇸 CEO of Nvidia, Jensen Huang, announced that the restrictions on chip exports from the United States have failed.
🌾 In Japan, the price of rice soared to a historic high in April, marking an unprecedented increase of 98% year-on-year.
🇺🇸 The U.S. Supreme Court has supported Trump's request to fire heads of various agencies but has strongly recommended making an exception for the Federal Reserve, suggesting that board members should have special protections against presidential dismissal. On April 9, Trump requested the Supreme Court's permission to terminate leaders of agencies like the SEC and the Fed. For more details, visit here.
💰 T-Bank predicts the Russian ruble will weaken to a range of 95-100 rubles per dollar by the end of the year. The bank notes that the ruble's prolonged strength cannot be attributed to a single factor. A combination of influences, including exports that have yet to respond to falling commodity prices, a pause in imports that will soon recover, and investment operations adjusting to high rates and market changes, are all at play.
⚠️🇷🇺 In the first quarter of 2025, 70% of entrepreneurs reported a decline in demand, leading to decreased sales and revenue, according to a recent survey. This trend highlights growing concerns within the business community about the economic outlook. For more details, visit Vedomosti.
✨ Santiment reports that crypto projects in the tokenization sector (RWA) are currently witnessing the highest developer activity. This surge highlights the growing interest and innovation within the RWA space, indicating a significant shift in the crypto landscape. For more details, visit Santiment.
🚨 "Polar Lithium" is exploring the export of its products, noting strong demand in China, according to TASS. The company plans to commence construction of a mining and processing plant at the Kolmozerskoye deposit in mid-2026, with the earliest launch date set for 2028, as stated by the CEO.
📈 UBS Global Wealth Management has raised its year-end target for the S&P 500 to 6,000 from 5,800. The firm anticipates that the index will reach 6,400 by June 2026.