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We've rounded up the most important market events happening this week that could impact your trading decisions 📆

Monday:
🔹 HCOB to publish the Eurozone’s final services PMI for April
🔹 American Express to conduct Annual General Meeting
🔹 BitMart to introduce Friend3

Tuesday:
🔹 Germany to announce the Balance of Trade for March
🔹 The Ivey PMI for April is to be issued in Canada
🔹 EU to unveil the Retail Sales MoM for March

Wednesday:
🔹 EIA to report the Crude Oil Stocks Change for MAY in the US
🔹 LYRA to execute 1:1 migration to LDX
🔹 Germany to reveal the Industrial Production MoM for March

Thursday:
🔹 China to disclose the Balance of Trade for April
🔹 3i Group to present Annual results for the year to 31 March 2024
🔹 The BoE to announce Interest Rate Decision

Friday:
🔹 UK to unveil the Preliminary GDP Growth Rate for Q1
🔹 Canada to report the Unemployment Rate for April
🔹 UK to release its goods trade balance report for March

These events will offer many opportunities to profit from market movements.

Get ready for your trading sessions with a 50% bonus on your deposit using the promo code MONDAYMAY06 from $10 🏦

Join the market action on Pocket Option!

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We've rounded up the most important market events happening this week that could impact your trading decisions 📆

Monday:
🔹 HCOB to publish the Eurozone’s final services PMI for April
🔹 American Express to conduct Annual General Meeting
🔹 BitMart to introduce Friend3

Tuesday:
🔹 Germany to announce the Balance of Trade for March
🔹 The Ivey PMI for April is to be issued in Canada
🔹 EU to unveil the Retail Sales MoM for March

Wednesday:
🔹 EIA to report the Crude Oil Stocks Change for MAY in the US
🔹 LYRA to execute 1:1 migration to LDX
🔹 Germany to reveal the Industrial Production MoM for March

Thursday:
🔹 China to disclose the Balance of Trade for April
🔹 3i Group to present Annual results for the year to 31 March 2024
🔹 The BoE to announce Interest Rate Decision

Friday:
🔹 UK to unveil the Preliminary GDP Growth Rate for Q1
🔹 Canada to report the Unemployment Rate for April
🔹 UK to release its goods trade balance report for March

These events will offer many opportunities to profit from market movements.

Get ready for your trading sessions with a 50% bonus on your deposit using the promo code MONDAYMAY06 from $10 🏦

Join the market action on Pocket Option!

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Telegram hopes to raise $1bn with a convertible bond private placement

The super secure UAE-based Telegram messenger service, developed by Russian-born software icon Pavel Durov, is looking to raise $1bn through a bond placement to a limited number of investors from Russia, Europe, Asia and the Middle East, the Kommersant daily reported citing unnamed sources on February 18, 2021.The issue reportedly comprises exchange bonds that could be converted into equity in the messaging service that is currently 100% owned by Durov and his brother Nikolai.Kommersant reports that the price of the conversion would be at a 10% discount to a potential IPO should it happen within five years.The minimum bond placement is said to be set at $50mn, but could be lowered to $10mn. Five-year bonds could carry an annual coupon of 7-8%.

The STAR Market, as is implied by the name, is heavily geared toward smaller innovative tech companies, in particular those engaged in strategically important fields, such as biopharmaceuticals, 5G technology, semiconductors, and new energy. The STAR Market currently has 340 listed securities. The STAR Market is seen as important for China’s high-tech and emerging industries, providing a space for smaller companies to raise capital in China. This is especially significant for technology companies that may be viewed with suspicion on overseas stock exchanges.

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