🚨 RT has published the full text of the Russian memorandum that was handed over to the Ukrainian side. For more details, visit here.
🚨🇺🇦 Medinsky and Umerov held a two-and-a-half-hour bilateral meeting ahead of negotiations, according to a TASS source. The meeting set the stage for an effective delegation meeting.
🇺🇦 President Volodymyr Zelensky announced that the Ukrainian delegation will hold meetings in the United States this week. The discussions are expected to focus on key geopolitical issues affecting Ukraine and its relations with Western partners. Further details on the agenda and participants of the meetings have yet to be disclosed.
🍾 Today, Abrau-Dyurso is set to hold its dividend meeting for 2024. The company may recommend a dividend of 5.01 rubles per share.
🚨🇺🇸 The Trump administration is urging countries to submit their best tariff negotiation proposals by June 4. Officials aim to expedite discussions with several partners ahead of the self-imposed deadline. The U.S. requests countries to outline their top offers on critical areas, including tariff and quota proposals for U.S. industrial and agricultural goods, as well as plans to eliminate any non-tariff barriers. For more details, visit RTRS.
Alpha
🇺🇸 Trump announced that mortgage companies Fannie Mae and Freddie Mac will be privatized, but they will retain government guarantees.
🇺🇸 The Director of the Federal Housing Finance Agency (FHFA), Mark Calabria, stated that the decision for Freddie Mac to go public will hinge on former President Donald Trump. Calabria emphasized the significant value of Fannie Mae and Freddie Mac. Previously, Trump had indicated that the mortgage giants Fannie Mae and Freddie Mac would be privatized while retaining government backing.
🚨🇺🇸 The Director of the Federal Housing Finance Agency (FHFA), Sandra Thompson, has stated that it is crucial for Federal Reserve Chair Jerome Powell to consider lowering interest rates.
⚡ The surge in the AI sector has led to record computer equipment spending in Q1 2025, significantly boosting the US GDP. Unlike the steady growth of the 1990s, experts are warning of a sharp increase in energy demand. The UAE Energy Minister highlighted the rapid rise in electricity consumption for data centers. Elon Musk predicts an energy shortage for the AI industry by mid-2026. In January 2025, Trump stated that the US needs more than double its current energy supply to lead in AI.
🌟 Strategy has announced plans to conduct an IPO for 10% of its Series A Perpetual STRD shares to raise funds for general objectives, including the acquisition of additional BTC.
🗓 Today’s Calendar - June 3, 2025
Early presidential elections are taking place in South Korea. The Reserve Bank of Australia will release minutes from its last meeting at 04:30 MSK. China will report its Caixin Manufacturing PMI for May at 04:45 MSK, followed by Switzerland's CPI at 09:30 MSK and Turkey's CPI at 10:00 MSK. The Eurozone will provide preliminary CPI data for May at 12:00 MSK. In the U.S., Factory Orders and JOLTS job openings will be released at 17:00 MSK. Oil inventories from API will be reported at 23:30 MSK. Central Bank speakers include Mann from the UK and Goolsbee, Cook, Logan from the U.S. Additionally, VK's preferential rights for acquiring shares are expiring due to a secondary offering. Dividend announcements are expected from GEMA and VSEH. Earnings reports include Nio at 12:30 MSK, Dollar General at 13:50 MSK, Hewlett Packard at 23:05 MSK, and Crowdstrike at 23:10 MSK.
Early presidential elections are taking place in South Korea. The Reserve Bank of Australia will release minutes from its last meeting at 04:30 MSK. China will report its Caixin Manufacturing PMI for May at 04:45 MSK, followed by Switzerland's CPI at 09:30 MSK and Turkey's CPI at 10:00 MSK. The Eurozone will provide preliminary CPI data for May at 12:00 MSK. In the U.S., Factory Orders and JOLTS job openings will be released at 17:00 MSK. Oil inventories from API will be reported at 23:30 MSK. Central Bank speakers include Mann from the UK and Goolsbee, Cook, Logan from the U.S. Additionally, VK's preferential rights for acquiring shares are expiring due to a secondary offering. Dividend announcements are expected from GEMA and VSEH. Earnings reports include Nio at 12:30 MSK, Dollar General at 13:50 MSK, Hewlett Packard at 23:05 MSK, and Crowdstrike at 23:10 MSK.
⚠️🇮🇷 A new round of negotiations between Iran and the United States is in jeopardy due to the inconsistency of the U.S. and excessive demands, according to CNN sources. Former President Trump has once again called for a complete ban on uranium enrichment by Iran.
🛢🇷🇺 Saudi Arabia and Russia reached a challenging compromise on OPEC+ policy on Saturday, as Riyadh pushed for an acceleration in oil production while Moscow advocated for a pause. The negotiations highlight ongoing tensions between the two nations as they navigate their respective energy strategies. For more details, visit RTRS.
⚠️🇯🇵 The Governor of the Bank of Japan, Ueda, reiterated that he will raise interest rates if the economy and inflation align with forecasts.
🚨🇦🇺 Minutes from the recent RBA meeting indicate a shift in monetary policy:
- It's time to change the monetary policy to a easing approach.
- Global events have strengthened the case for a rate cut.
- It's time to change the monetary policy to a easing approach.
- Global events have strengthened the case for a rate cut.