Other news

The Chicago Mercantile Exchange (CME) has started trading derivatives on Solana (SOL). This indicates a growing institutional interest in the cryptocurrency. On the first day of trading (March 17), the trading volume of SOL totaled $12.3 million.

Cardano (ADA) has experienced a decline, losing nearly 12% for the month and trading around $0.70. The selling pressure intensified after large holders (whales) sold over 100 million ADA tokens, contributing to market uncertainty.

February’s inflation growth in Canada was the fastest in eight months. Such an increase further limits the ability of the country's central bank to cut interest rates amid trade tensions, which are contributing to a slower economic growth and higher costs of goods and services.

CNBC experts believe that the Bank of England will maintain the interest rate at the current level of 4.5% on March 20. Considering the impact of geopolitical risks on inflation in the country, the regulator is likely to choose a cautious approach, the news source reported.

Japan’s exports in February grew by 11.4% year-on-year, partly driven by companies stockpiling goods in anticipation of impending US tariffs. This was reported by Bloomberg.

Swiss mining giant Glencore aims to restore its annual copper production to 1 million tons by 2028, CEO Gary Nagle announced in the company’s 2024 annual report. This was reported by Mining Weekly.

The Bank of Japan kept interest rates unchanged at 0.5%. According to Reuters, policymakers plan to assess the impact of US import tariffs on Japan's export-dependent economy.

No change of the indicator value may reduce the volatility of the related markets.

An increase of the indicator value may contribute to the rise in quotes of JPY.

This week, Canadian Prime Minister Mark Carney made his first foreign visit to Europe. In the face of trade tensions with the United States, he stressed the need to strengthen ties with Europe.