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

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Canada. Retail Sales (MoM). The value of the indicator has decreased from 2.6% to -0.6%

A decrease of the indicator value may contribute to the fall in quotes of CAD.

21 March 2025
Swiss bank lists Cardano as a crypto asset to hold

Switzerland's Zuger Kantonalbank has recently added Cardano to the portfolio assets it is willing to hold. The demand for this cryptocurrency is now tremendous, that’s why the financial institution partnered with Sygnum Bank to get it listed.

21 March 2025
Swiss bank lists Cardano as a crypto asset to hold
UK short-term inflation expectations hit 14-month high — Citi/YouGov survey

According to a Citi/YouGov survey, UK households' short-term inflation expectations surged to their highest level in more than a year in February, indicating the challenges facing the Bank of England (BoE).

21 March 2025
UK short-term inflation expectations hit 14-month high — Citi/YouGov survey
GfK: UK consumer confidence reaches three-month high in March

UK consumer confidence rose for the second consecutive month in March, reaching a three-month high, according to a GfK survey. The index stood at -19 points, up from -20.

21 March 2025
GfK: UK consumer confidence reaches three-month high in March
Reuters: Chinese copper smelters cut production due to raw material shortage

According to Reuters, copper smelters in China are struggling with raw material shortages and overcapacity, prompting preventive production shutdowns during a period of peak demand to minimize losses.

21 March 2025
Reuters: Chinese copper smelters cut production due to raw material shortage
Bank of England holds interest rates amidst economic uncertainty

After a vote taken by the members of the Monetary Policy Committee, the Bank of England decided to keep its key rate at 4.5%. With the recent announcement of new US tariffs, experts on the panel were particularly concerned about the escalating uncertainty surrounding global trade.

21 March 2025
Bank of England holds interest rates amidst economic uncertainty
China to replenish its strategic copper reserves in 2025

This year, China plans to replenish its strategic reserves of key industrial metals in order to boost the resilience of critical material supplies. Heightened geopolitical tensions and rising demand for energy transition commodities have yet to support the industry's sustainability.

21 March 2025
China to replenish its strategic copper reserves in 2025
Japanese consumers' cash holdings shrink as inflation rises

Japanese households' cash holdings shrank at a record pace last quarter amid rising costs of living. The amount of cash held by the country's citizens fell to 105.3 trillion yen (about $704.9 billion). That was 3.4% lower year-on-year.

21 March 2025
Japanese consumers' cash holdings shrink as inflation rises
Australia's pre-election spending jeopardizes budget

The Australian government, allocating significant funds for pre-election spending, risks exacerbating inflation, which is already above the target range of 2-3%. Experts warn that this could lead to increased long-term risks for both the budget and the economy.

21 March 2025
Australia's pre-election spending jeopardizes budget
Possibility of further rate hikes by Bank of Japan diminishes amid slow rate of inflation easing

Japan's Ministry of Internal Affairs and Communications reported a slowdown in the pace of consumer price growth. However, economists had forecast a more pronounced deceleration. Bloomberg notes that a slower pace of inflation easing could undermine forecasts of rate cuts by the Bank of Japan.

21 March 2025
Possibility of further rate hikes by Bank of Japan diminishes amid slow rate of inflation easing