British businesses continued to cut jobs for the third consecutive month, facing pressure from rising taxes and the impact of US trade policies. According to the Office for National Statistics, the number of payrolled employees declined by 33,000 in April.
The Chicago Mercantile Exchange Group (CME) derivatives marketplace plans to launch XPR trading on May 19, increasing its offerings with a fourth digital asset after Bitcoin, Ethereum, and Solana.
Westpac analysts forecast the Reserve Bank of Australia (RBA) to cut interest rates by 0.25% to 3.85% during the next meeting in May. Experts' expectations are based on weak labor market performance and volatile global conditions, Investing reports.
The Solana Foundation (SFDP) is introducing a new validator onboarding and offboarding policy to reduce centralized influence and strengthen the network's resilience.
According to Bloomberg survey, a pause in the Bank of Japan’s (BOJ) rate hike cycle is possible. The reason for the revision of expectations was protectionist measures introduced by US President Donald Trump, which significantly dampened the economic outlook.
According to Bank of England Governor Andrew Bailey, trade tensions caused by US actions will damage the UK economy, despite the relatively small tariff burden for the island nation.
Global trade tensions are weighing on US economic growth. As a result, investors are shifting their focus to the industrial metals market, which is now showing signs of weakness, with copper being a key example, OilPrice.com experts say.
CoinDesk reports that DeFi Development Corp, formerly known as Janover, has increased its asset reserve by another $9.9 million in SOL tokens. This brings its total cryptocurrency holdings to more than 317,000 SOL tokens. In US dollars, this amounts to about 48 million.
The Bank of Japan (BOJ) may delay further interest rate hikes due to uncertainty fueled by US trade policy, according to Nada Choueiri of the International Monetary Fund (IMF).
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.
