🚨 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.

🇷🇺 Rostec is optimistic about a potential decrease in the key interest rate during the upcoming meeting of the Central Bank, according to CEO Sergey Chemezov.

🚗 China has included the electric vehicles Tesla Model 3 and Model Y in a government-supported campaign to boost car sales in rural areas.

⚠️🇪🇺 Inflation in the eurozone has slowed to below 2%, reinforcing the argument for further rate cuts by the European Central Bank (ECB) — BBG.