Other news

FalconX has completed its first block trade using CME Group’s Solana (SOL) contracts, conducted privately to minimize price exposure, according to Decrypt. StoneX acted as the counterparty in the transaction, which took place ahead of the March 17 launch of the new SOL contracts.

Australian Treasurer Jim Chalmers warned that consumer prices could rise in the country after Cyclone Alfred. The Australian economy lost an estimated $759 million as a result of the disaster, according to initial government estimates.

Bloomberg reports that the UK government will abolish several business regulatory bodies and cut welfare spending in order to stimulate the country’s stagnant economy. According to Chancellor of the Exchequer Rachel Reeves, slashing business regulation will bring relief to the economy.

According to experts of the Resolution Foundation think tank, UK Finance Minister Rachel Reeves may fail to meet the budget adopted for the current year. The expected deficit could amount to 4.4 billion pounds ($5.7 billion).

Bloomberg reports that copper price reached near five-month high after China, the largest consumer of the metal, said it intends to boost demand. Copper price reached $9,850 per ton on Friday, which is the highest since October last year.

A decrease of the indicator value may contribute to the fall in quotes of Zinc, Nickel, Palladium, Aluminium, Copper, CNY.

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

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

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

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