📊 China's economic data for May shows a mixed performance. The Caixin Services PMI rose to 51.1, up from 50.7, indicating growth in the services sector. However, the Caixin Composite PMI fell to 49.6, down from 51.1, suggesting a contraction in overall economic activity. For further details, visit here.
🇺🇸 Trump has ordered an investigation into President Biden's use of an autopen, claiming a potential cover-up regarding Biden's mental state. On Wednesday, Trump instructed his White House advisor to examine whether Biden's aides concealed concerns about his cognitive decline and whether they unlawfully used the autopen to sign political documents on his behalf. Biden, however, asserted that all political decisions were made by him personally.
🇺🇸🇺🇦 According to the Wall Street Journal, the United States has redirected promised missile components intended for Kyiv for its own needs.
🚀 El Salvador's President Nayib Bukele met with White House Director of Digital Assets Bo Hines to discuss collaboration on BTC and digital assets.
⚠️🇺🇦 According to the New York Times, former President Donald Trump believes that Ukrainian President Volodymyr Zelensky is pushing the world towards the brink of nuclear war.
💰 Goldman Sachs expects the Central Bank of Russia to maintain its key interest rate at 21% during the meeting on June 6.
💥✴️🇺🇸 The issuer of the USDC stablecoin, Circle, has successfully completed a strong IPO, raising $1.1 billion—nearly double its initial target. The company priced its shares at $31 each, with reports indicating a 25-fold oversubnoscription. For more details, see the full article here.
Alpha
🔥⚠️🛢Saudi Arabia aims for a more significant increase in production within the OPEC+ framework to boost its market share, according to Bloomberg.
⚠️🛢 Saudi Arabia wants OPEC+ countries to accelerate oil supply increases in the coming months. The nation aims to restore its market share as quickly as possible. — BBG
🍷 The president of "Abrau-Durso" stated that Western alcohol companies face challenges in re-entering the Russian market. While there is a possibility for these companies to return, they will encounter significant competition from domestic producers, making the process difficult. This insight was shared with TASS by industry representatives. For more details, visit TASS.