Other news

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

According to a Reuters poll, the Reserve Bank of Australia (RBA) is expected to keep interest rates unchanged at its April meeting as it awaits clearer signs of easing inflation. However, economists surveyed still anticipate two rate cuts later this year.

According to S&P Global, the US has been grappling with a copper supply deficit for at least five years. Between 2019 and 2023, the country imported approximately 44% of its annual refined copper consumption.

A video of Ripple CEO Brad Garlinghouse delivering a speech at the event organized by the International Monetary Fund (IMF) and the Swiss National Bank has popped up online again.

New tariffs on car imports imposed by US President Donald Trump significantly reduce the likelihood that the Bank of Japan will raise its benchmark interest rate, Bloomberg reported, citing the surveyed experts.

Goldman Sachs maintained its full-year LME copper price forecasts unchanged on Wednesday. The bank's analysts noted that newly imposed American copper import tariffs should prevent domestic market oversupply in the third quarter.

Cardano (ADA) is gearing up for a major Leios upgrade that promises to enhance network performance and attract attention within the crypto community.

The spread between COMEX and LME prices means traders can make a fortune by buying cheap copper abroad and shipping it to the United States. However, if the cargoes arrive in the country after the duties are imposed, traders could suffer significant losses, Bloomberg reports.

The Office for Budget Responsibility (OBR), which previously halved its forecast for UK GDP growth this year, has raised the same estimate for 2029. According to the institution, the economy will grow by 0.2% more in that period than expected in the October budget.

According to Solana co-founder Anatoly Yakovenko, there is no need to create Layer 2 solutions for the network. He says that Solana as a Layer 1 blockchain can provide more efficient and more secure solutions than any Layer 2 protocol.