🇬🇧 The Times reports that the UK is set to designate steel as a strategic resource for national security. This move underscores the importance of the steel industry in maintaining the country's defense capabilities and economic stability. The decision is part of broader efforts to secure vital resources amid global challenges.

🚀 Arthur Hayes anticipates a new all-time high for Bitcoin (BTC). Key drivers for this prediction include increased leverage from banks, the potential passage of the GENIUS Act for stablecoin regulation, and improvements in geopolitical conditions.

⚠️🇵🇰 US intelligence believes that Pakistan is developing an intercontinental ballistic missile capable of reaching the United States. This move may be aimed at deterring a preemptive strike by the US or intervention in favor of India in a future conflict. -- Foreign Affairs

⚠️🇷🇺 Bloomberg has published another alarming article, highlighting growing concerns among Russian banks regarding the rising levels of bad debts on their balance sheets. The report suggests that the Russian economy is facing dire challenges, with prospects worsening more than publicly acknowledged. It warns of a real risk of a systemic banking crisis within the next 12 months. For more details, click here.

🚨 Ahead

The United States will release key economic data today. At 15:30 Moscow time, the GDP for Q1 2025 will be announced, along with Durable Goods Orders for May. Additionally, Initial Jobless Claims will be reported, as well as the preliminary trade balance for May.

🇷🇺 The Kremlin stated that the thesis of "peace through strength" is unlikely to be applicable to Russia.

🔥🇺🇸 The US economy reports a GDP contraction of -0.5% for the first quarter of 2025, falling short of expectations of -0.2%. This marks a significant decline from the previous quarter's growth of +2.4%.

🚨 The United States reported a significant increase in Durable Goods Orders for May, rising by 16.4% month-over-month. This figure surpassed expectations of an 8.6% increase and improved from a previous decline of 6.3%.

🚨 The United States has reported initial jobless claims totaling 236,000, which is lower than the expected 244,000 and a decrease from the previous 245,000.

📉 The United States reported a preliminary trade balance for May, showing a deficit of $96.59 billion. This figure is significantly higher than the expected deficit of $86.3 billion and also exceeds the previous month's deficit of $86.97 billion.

🚨 The Chicago Fed National Activity Index for May reported a value of -0.28, slightly below expectations and down from the previous month's figure of -0.25.

🇺🇸 The CEO of Salesforce revealed that 30% of internal company operations are now being carried out using artificial intelligence (AI). This significant shift highlights the growing reliance on AI technologies to enhance productivity and streamline processes within organizations. As businesses increasingly adopt AI, the impact on workforce dynamics and efficiency continues to evolve.

🎉 Following earnings reports, Acuity Brands (AYI) surged by 10%, while Walgreens Boots (WBA) saw a modest increase of 1%. In contrast, HIVE Blockchain (HIVE) experienced a decline of 5%.

⚠️✴️ The CRCL has seen a significant decline of 25% over the past two days in the United States. Investors are closely monitoring the situation as market fluctuations continue to impact various sectors. For more information, visit here.

🚨 The Federal Reserve's Goolsbee stated that if inflation remains around 2% and uncertainty is resolved, the Fed will be on track to lower interest rates.

🚨🇺🇸 Daly of the Federal Reserve indicated that the decrease in inflation appears promising for lowering rates. He believes that tariffs will have a temporary impact on inflation.

🛢🌎 Global liquefied natural gas (LNG) trade is set to decline in 2024 after a decade of uninterrupted growth, according to the Energy Institute. This shift marks a significant change in the energy market dynamics, raising concerns among industry stakeholders. For more details, visit the Energy Institute's report.

🚀 Sweden's Treasury Capital has officially begun purchasing Bitcoin (BTC) for its balance sheet. This move marks a significant step for the company as it enters the cryptocurrency space. For more information, visit Treasury Capital.

🚀 Trading volumes for XRP futures on the CME exchange, known as a hub for institutional trading, are rapidly reaching new records.

✨ Canada-based company Neptune Digital Assets is adding BTC and SOL to its balance sheet. The move highlights the growing interest of corporations in cryptocurrency investments. Stay tuned for more updates on this development.

🌟 Ripple has announced a new partnership with Wormhole, enhancing its capabilities in the crypto space. This collaboration aims to improve cross-chain communication and interoperability, allowing users to transfer assets seamlessly across different blockchain networks. Ripple continues to expand its influence in the digital currency market. For more details, visit here.