Alpha – Telegram
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Alpha isn't just the first letter of the Greek alphabet. It's a mindset. It's seeing opportunity where others see chaos.
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❗️🇷🇺 In May, Russia's Services PMI rose to 52.2, up from 50.1, indicating expansion in the sector. The Composite PMI also showed improvement, increasing to 51.4 from a previous 49.8, suggesting a positive shift in overall economic conditions.
📰 Foreign company stocks traded on the Moscow Exchange's over-the-counter section are struggling to attract significant investor interest. Launched to allow government officials to sell foreign assets they are prohibited from owning, trading volume in May reached only 562 million rubles. A major barrier to market revival is the substantial discount compared to prices on U.S. exchanges. Sellers resist parting with stocks for low prices, while buyers face hefty taxes due to price discrepancies between Russia and the U.S. — Ъ
⚠️🇷🇺 In May 2025, currency trading activity on the Moscow Exchange reached its lowest level in two years. — Ъ
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⚠️🇷🇺 In an interview with Vedomosti, Dmitry Belousov, Deputy General Director and Head of Macroeconomic Analysis at the Central Macro-Economic Forecasting Center (TsMAKP), stated that the Central Bank should raise its inflation target from the current 4% to 7%. This change would enable a shift towards a more accommodative monetary policy. For more details, visit the full article here.
🛢🇷🇺🇪🇺 France and Belgium have rejected the European Union's proposal to ban imports of Russian gas, seeking more information on the economic and legal implications of such a move. This development highlights ongoing divisions within the EU regarding energy policies in response to the situation in Ukraine. For further details, refer to the source — Politico.
📉 Experts from the Financial University warn that the capitalization of the Russian stock market may deviate by a third from President Putin's target of 66% of GDP by 2030. In the baseline scenario, the deviation could range from 14 to 22 percentage points, according to their research. For more details, visit Vedomosti.
🇺🇸 Trump claims that aside from the "fraudulent" 2020 presidential elections, the "Autopen" scandal is the largest political scandal in American history.
🏡 Russian developers have significantly reduced new housing supply. In May 2025, they introduced 2.7 million square meters of residential space to the market, marking a 28% year-on-year decrease, according to calculations by the state company DomRF.
🚨 Evgeny Ditrikh will leave his position as CEO of GTLK, according to sources from Vedomosti.
⚠️🪨 Global coal prices are projected to drop by over 20% in 2025. Russian coal prices are expected to follow this downward trend in line with global benchmarks, as reported by Kept.
🚨 The CEO of Ripple has denied media reports claiming that the company ever intended to acquire Circle.
🇨🇳🇰🇷 China is prepared to strengthen bilateral relations with South Korea, according to CCTV.
💥 The OFZ index (RGBI) has surpassed 112 as markets anticipate a potential interest rate cut by the Central Bank of Russia on June 6. Even if a reduction is not on the agenda, investors are looking for clear signals indicating a shift towards a softer monetary policy.
📈 Barclays has raised its year-end target for the S&P 500 to 6,050, up from the previous forecast of 5,900.
⚠️🇺🇸 A "big, beautiful" bill proposed by Trump could potentially impact Tesla's profits, according to a report from JPMorgan. The financial institution suggests that the legislation may have significant ramifications for the electric vehicle manufacturer. For more details, visit the full article on Business Insider.
💥🇨🇳🇪🇺 China is considering placing an order for hundreds of Airbus aircraft next month during the visit of European leaders to Beijing, celebrating the long-term ties between the nations. The deal could involve approximately 300 planes, according to reports. — BBG
🚀 The Moscow Exchange (MOEX) has launched trading on Russia's first cryptocurrency futures contract, specifically for the BTC ETF from BlackRock, known by the ticker IBIT. This marks a significant step in the country's cryptocurrency trading landscape.
🚨🇺🇸🇬🇧 According to preliminary data from New AutoMotive, Tesla sales in the UK fell by more than 45% year-over-year in May.
⚡️🇷🇺 The Russian ruble is undergoing a special operation aimed at de-dollarization, according to sources.