❗️ Turkey's Consumer Price Index (CPI) for May shows a month-on-month increase of 1.5%, lower than the expected 2% and previous 3%. Year-on-year inflation stands at 35.4%, slightly below the anticipated 36.1% and down from 37.8% previously. For more details, visit here.

⚠️🌎 The OECD has revised its forecast for global GDP growth in 2025, lowering it to 2.9% from the previous estimate of 3.1%. The projection for 2026 has also been adjusted to 2.9%, down from 3.0%. Additionally, the OECD has reduced its 2025 GDP growth forecast for the United States to 1.6% from 2.2%, and for China, the estimate has been lowered to 4.7% from 4.8%.

💥 The OFZ Index (RGBI) has surpassed 111 as markets anticipate a potential interest rate cut from the Central Bank of Russia on June 6. If a reduction is not forthcoming, investors are looking for clear signals indicating a shift towards a more accommodative monetary policy.

🚨 On June 20, shares of defense giant Rheinmetall will replace luxury goods company Kering in the Euro Stoxx 50 index, according to JPMorgan. This decision comes as Rheinmetall's stocks hit record highs, driven by unprecedented defense orders. For more details, visit Bloomberg.

🌟 Santiment reports that AI and Big Data projects have shown the highest developer activity in the past 30 days. For more insights, visit Santiment.

📈 The Moscow Exchange has officially joined the industry club "Artificial Intelligence in the Financial Sector." This move aims to enhance collaboration and innovation within the financial industry, focusing on the integration of AI technologies. For more details, visit the official announcement here.

⚠️🌎 The global economy is projected to experience its weakest growth since the COVID pandemic, warns the OECD. For more details, visit the full article here.

🇷🇺 Sales of Russian IT solutions nearly doubled since 2022, reaching 4.5 trillion rubles, signaling a robust growth in the country's IT sector. Digital attachés, aiding in the export of Russian IT solutions, are now operational in 17 countries worldwide. The IT sector's contribution to Russia's GDP has increased by more than a third. The shift towards domestic software is gaining momentum, with 80% of financial management solutions now being locally developed, according to Mishustin, as reported by TASS.

🌟🇫🇷 The French Blockchain Group has acquired BTC for a total balance of $70 million.

🌟 A new strategy is set to release 2.5 million preferred shares of STRD. The funds raised will be directed towards the acquisition of BTC.

🌴 Palm oil prices have surged to their highest level in nearly three weeks, driven by expectations of increased demand following India, the largest buyer, cutting import duties. For more details, visit this link.

🚗 The founder of Xiaomi anticipates that the company's electric vehicle business will turn a profit in the second half of 2025.

📈 Deutsche Bank has raised its year-end forecast for the S&P 500 to 6,550 from 6,150. The revision is based on improving tariff situations, which are expected to impact corporate profits less than previously anticipated. Additionally, the bank notes the resilience of the U.S. economy.

🚗 Nio has announced plans to enter seven new European markets. The company aims to expand its presence in the rapidly growing electric vehicle sector across the continent. This strategic move is part of Nio's broader effort to enhance its footprint in the global automotive industry. For more details, visit Nio's official website.

✨ The Solana Foundation has signed a memorandum of understanding with Dubai's VARA to launch the Solana economic zone. This initiative aims to enhance collaboration between developers and regulatory authorities in Dubai.

🚀 Roscosmos aims to launch the GigaChat neural network from Sber aboard the ISS by autumn.

✈️ The MAKS aerospace salon will not take place in Russia in 2025, as it has been postponed to the following year, according to Chemezov.

🚨 Ahead

The Eurozone is set to release preliminary Consumer Price Index (CPI) data for May at 12:00 PM Moscow time.

🚨 Eurozone Consumer Price Index (CPI) for May shows mixed results. Month-on-month, CPI remained unchanged at 0%, slightly below expectations of +0.1% and down from +0.6% previously. Year-on-year, CPI increased by 1.9%, also underperforming expectations of +2% and a decrease from +2.2% earlier. The core CPI stands at +2.4% year-on-year, meeting expectations but down from +2.7% prior.

🇷🇺 On June 4, the SPB Exchange announced the dividend payment schedule for 2024.

🇷🇺 On June 6, the Central Bank of Russia is expected to maintain the interest rate at 21%, according to a forecast by SberCIB.