🚨🇺🇸🇬🇧 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.
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🚨🇺🇸 Morgan Stanley predicts that the US dollar could decline an additional 10% against major global currencies. Citi also forecasts further weakening of the dollar following the G-7 meeting as the US softens tariffs. Earlier, Deutsche Bank warned of an impending…
⚠️🇺🇸 Allianz has stated that Trump's "big, beautiful" legislative proposal could result in a decline of the US dollar against major currencies by at least 5%.
🚨 Germany's economic outlook shows signs of contraction as the Composite PMI falls to 48.5 in May, down from 50.1 previously. The Services PMI also declined, registering at 47.1 compared to the prior 49. This data highlights ongoing challenges in the German economy, reflecting decreased activity in the services sector.
🚨 Eurozone Update (May): The Composite PMI decreased to 50.2, down from 50.4. The Services PMI also fell to 49.7, down from 50.1.
🚨 The National Competition Development Plan for 2026-2030 is set to be submitted to the Russian Government by July 1 of this year, according to the Federal Antimonopoly Service (FAS). — FAS
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✨ H100 Group has become the first company in Sweden to begin purchasing BTC for its balance sheet. This move marks a significant step in the integration of cryptocurrency into corporate finance in the region. For more information, visit here.
🚀 A Swedish medical company, H100 Group, is set to raise an additional $13 million to acquire BTC for its balance sheet.
🚨 The Central Bank of Russia will increase the daily volume of currency sales under the budget rule to 7.36 billion rubles starting June 6, up from 6.56 billion rubles. Meanwhile, the Russian Ministry of Finance will reduce the volume of currency and gold purchases to 1.5 billion rubles daily, down from 2.3 billion rubles. The budget's shortfall in non-oil and gas revenues for June is projected to reach 40.3 billion rubles, according to the Ministry of Finance. For more details, see the release.
🛢🇷🇺 The price of Urals oil in May for calculating the mineral extraction tax (NDT) was set at $52.08 per barrel, according to the Ministry of Economic Development.
⚠️🇺🇸🇨🇳 Tesla's electric vehicle sales in China fell by 15% year-on-year in May, according to the China Passenger Car Association (CPCA).
🔔 Fusion Factor Fintech Limited announced on May 27 the buyback of NanduQ ADRs listed on the Moscow Exchange. The Hong Kong-based firm previously acquired QIWI's assets in Russia. NanduQ, which was QIWI's international business, is now subject to this buyback at a premium.
The buyback occurs in two phases. Phase one runs from May 27 to June 10, 2025, at ₽210 per ADR, while phase two from June 16 to July 7, 2025, at ₽195. Details on the buyback can be found at this link.
The buyback occurs in two phases. Phase one runs from May 27 to June 10, 2025, at ₽210 per ADR, while phase two from June 16 to July 7, 2025, at ₽195. Details on the buyback can be found at this link.
🛢🇪🇺 Gas replenishment in European underground storage facilities is proceeding more slowly than usual, according to Gazprom.
🚀 Recent data from CryptoQuant reveals that retail demand for Bitcoin (BTC) has decreased by approximately 2.45% over the past month. This decline indicates that small investors have not yet reached a state of euphoria in the current market. Experts suggest that the sentiment remains historically bullish, signaling potential future growth.