Other news

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.

The US Securities and Exchange Commission (SEC) is considering revising or rejecting a proposal drafted by former Chairman Gary Gensler that would tighten cryptocurrency custody requirements for investment advisers.

According to British industry body Make UK, the country's manufacturing output fell by 1% in the first three months of 2025, following a 20% rise in the previous quarter. The order intake fell by 7%. Pressure on manufacturers is caused by global trade tensions triggered by the US tariffs.

The country's energy minister, Bahlil Lahadalia, said that Freeport Indonesia would be granted a half-year export permit for copper concentrates. With the company's smelter currently being repaired, this move is a great way for the government to earn royalties from selling the metal.

The Organization for Economic Cooperation and Development (OECD) warns that US President Donald Trump’s tariff policy may lead to slower GDP growth rates in the US, Canada and Mexico, as well as contribute to the acceleration of inflation in these countries.

Ripple Labs has filed a trademark application for Ripple Custody, signaling plans to expand into cryptocurrency storage services. Experts at CoinMarketCap suggest this move indicates the company’s intention to develop a proprietary cryptocurrency wallet to support XRP and potentially other altcoins.

As highlighted by Sarah Hunter, Chief Economist of the Reserve Bank of Australia (RBA), the regulator's focus on local data does not conflict with its ongoing monitoring of global economic developments when setting monetary policy.

52 economists polled by Bloomberg suggest that the Bank of Japan (BOJ) is likely to keep its current benchmark interest rate when it meets on March 19. Mounting trade tensions are amplifying market worries regarding the global economic outlook.

According to Goldman Sachs economists, wages in Japan need to grow by at least 3% annually over the next two years to help achieve the Bank of Japan’s inflation target. In 2024, wage growth stood at 2.8%.