No change of the indicator value may reduce the volatility of the related markets.
No change of the indicator value may reduce the volatility of the related markets.
As reported by Reuters, copper prices continue to rise, driven by increased demand in the United States. In recent weeks, news about the possible introduction of tariffs on copper imports by President Donald Trump has added uncertainty to the market.
UK Chancellor of the Exchequer Rachel Reeves prepares to announce billions of pounds in public spending cuts. More than half of the Cabinet ministers have urged Chancellor Reeves to reconsider her proposed spending cuts.
The Asian copper market is now experiencing a contraction, which is increasing global supply instability. Prices are rapidly escalating amid rumors that President Donald Trump may enact tariffs on imports of the industrial metal, as reported by Bloomberg.
Retail sales in Canada declined for the second consecutive month. In February, the drop amounted to 0.4% after a 0.6% decline in January. Bloomberg reports that consumers scaled back their spending, fearing the consequences of trade tensions between Canada and the United States.
The Solana (SOL) exchange rate jumped more than 7% overnight, topping $140 and outperforming its peers amid positive reaction to rumors that President Trump's less strict tariffs will go into effect on April 2.
In February, core inflation in Japan hit 3.0% as food prices jumped by 5.6% year-on-year. According to experts interviewed by Reuters, this circumstance may justify a rate hike by the Bank of Japan as early as May.
According to the data by the Reserve Bank of Australia (RBA), the country's labor market is still tight, while the gap between the level of demand in the economy and its supply capacity is narrowing. The documents explain the RBA's cautious stance.
Kostas Bintas, renowned for his success in metals trading, predicts a record surge in copper prices — potentially rising by up to one-third from current levels. Bintas now leads the energy company Mercuria Energy Group, according to Bloomberg.
Open House Group, a Japanese real estate company listed on the Tokyo Stock Exchange, has announced the adoption of XRP as a payment method for transactions. According to crypto analyst JackTheRippler, this move highlights the growing integration of digital assets into traditional markets.
The Australian dollar may be headed for an annual gain, thanks to high interest rates of the Reserve Bank of Australia (RBA) and expected consumption stimulus in China. Westpac and Bank of America forecast the currency to rise to 68 cents by December.