Other news

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

A decrease of the indicator value may contribute to the rise in quotes of Gasoline.

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

Business sentiment among Japanese manufacturers improved in April, climbing to +9 from -1 in March, Reuters Tankan survey data showed. However, despite the short-term improvement, entrepreneurs forecast the index to fall to zero in the next three months.

The Bank of Japan (BoJ) is reportedly planning to revise its economic growth forecast for the 2025 fiscal year, according to Reuters sources. The move comes in response to mounting pressure from the US president’s trade policies.

The UK inflation rate fell to 2.6% on an annual basis in March, below analyst expectations of 2.7%. At the same time, prices grew 2.8% in February and 3% in January.

The British labor market has shown signs of weakening ahead of regulatory changes set to take effect in April, with continued wage growth complicating the outlook for the Bank of England. According to the UK’s Office for National Statistics, job vacancies have fallen below pre-pandemic levels.

Citi has revised its copper price forecast in response to recent market developments, including the easing of US tariffs on the metal and increased Chinese buying during price dips. The bank now anticipates a slower depreciation over the next three months than initially projected.

In light of the recent collapse of the Mantra project's OM token, Cardano founder Charles Hoskinson has criticized investors for overlooking ADA’s stability. He went on to highlight the resilience of ADA and the broader Cardano ecosystem in the face of this turmoil.

The Bank of Canada is expected to hold interest rates steady at its meeting on Wednesday, pausing after eight consecutive cuts to borrowing costs. The move reflects caution as officials assess the impact of trade tensions fueled by US President Donald Trump’s policies, Bloomberg reports.