Alpha
💥✴️🇺🇸 Shares of stablecoin issuer CIRCLE surged by 168% on their debut trading day, followed by an additional 5% gain in after-hours trading. The IPO was priced at $31.
💥✴️🇺🇸 Shares of the stablecoin issuer USDC, CIRCLE, surged by 16% in pre-market trading. Yesterday, the company's stock skyrocketed by 168% during its debut on the market.
🇷🇺 The net long position of physical investors in the CNY/RUB futures has reached historically record highs, according to data from MSCinsider.
🚨🇷🇺 Russia is on the brink of its first interest rate cut in three years, according to Bloomberg analysts. The Central Bank of Russia is expected to lower the rate by at least 1% today as inflation shows signs of easing. For more details, visit Russia on Cusp of First Rate Cut Since 2022 as Inflation Eases.
🚫🇷🇺 The Central Bank of Russia announced that dividends for 2024 will not be paid. The decision will be implemented on June 27.
⚡️ Ahead of the meeting, the Central Bank of Russia is set to announce its interest rate at 13:30 Moscow time. A consensus among experts indicates that most anticipate the CBR will maintain the rate at 21%. However, some analysts suggest a potential reduction of 1-2%. All experts are looking for signals indicating a shift towards easing.
🔥🇷🇺 The Central Bank of Russia has set the key interest rate at 20%, down from the previous 21%. Current inflationary pressures, including persistent ones, continue to decline. The Bank of Russia aims to maintain a monetary policy stance necessary to bring inflation back to its target by 2026, indicating an extended period of tight monetary conditions. Future decisions on the key rate will depend on the pace and stability of inflation reduction and expectations, according to the Central Bank. For more details, check the release.
🚨🇺🇸 Elon Musk may stop funding Trump's political campaigns, according to the New York Times.
🚨 Trump Media is set to raise an additional $12 billion, which may include funds for purchasing BTC, according to Bitcoin Magazine. The move highlights the growing interest in cryptocurrency among corporations. For more details, visit Bitcoin Magazine.
🇺🇸 Trump stated he is "not particularly" interested in having a conversation with Musk, but claims that Musk is eager to talk with him, according to ABC News.
🇷🇺 The Central Bank of Russia may reduce the key interest rate to 17-18% by the end of the year, according to Akasakov.
💰 The People's Portfolio in Russian stocks and funds as of May, according to Moscow Exchange data, shows many investors still holding cash. The share of cash has even slightly increased since March.
⚠️ The strengthening of the ruble has reduced the "cushion" of Surgutneftegas in the first quarter by 700 billion rubles, bringing it down to 5.7 trillion rubles, according to calculations by Interfax.
🏡 The Bank of Russia's decision to lower the key interest rate from 21% to 20% is seen as a positive signal for the real estate market, according to experts. This change could potentially stimulate investment and activity in the sector, benefiting both buyers and sellers. For further details, visit TAСС.
💥✴️ Bitcoin (BTC) reached $104,000, following its near $100,000 price point yesterday.
🇷🇺 Sberbank anticipates a new reduction in the key interest rate by 1 percentage point in July, lowering it from the current 20%. By the end of the year, the bank predicts the rate will be at 17%.