In recent days, the London Metal Exchange is showing signs of emerging copper deficit. This is indicated by a surge in premiums on contracts of the metal with immediate delivery compared to contracts for a later date.
In June, year-on-year inflation in UK stores reached 0.4%, according to the British Retail Consortium (BRC). The rise was driven by a 3.7% increase in food prices, which was the strongest in annual terms since March 2024.
In the spring, Vietnam held an official event involving the Ministry of Finance, central bank officials, and Techcom Securities to discuss the possibility of creating a national centralized cryptocurrency exchange, acording to Coincu.
No change of the indicator value may reduce the volatility of the related markets.
Over the past six months, the yen has gained 9% against the dollar on the background of global trade tensions and Donald Trump's calls for interest rate cuts in the US. As noted by Bloomberg, optimism for the yen is added by historical trends.
Chile's copper industry demonstrated its best performance this year in May. According to data from the statistical bureau INE, the country produced 486,574 tons of the red metal. This figure is 9.4% higher than the value for the same period last year.
As reported by Bloomberg, sentiment among major Japanese manufacturers showed growth in June. These changes reflect the resilience of Japan's economy ahead of US tariffs tightening and another interest rate hike.
A decrease of the indicator value may contribute to the fall in quotes of JPY.
Ripple CEO Brad Garlinghouse plans to put an end to the cryptocurrency company's legal battle with the US Securities and Exchange Commission (SEC). The firm is withdrawing its cross appeal against the SEC and now hopes the SEC will reciprocate, Reuters reports.
As reported by Bloomberg, First Quantum Minerals has started shipping stockpiled copper from its Panama mine, nearly 19 months after operations were halted by a court order.
In 2025, bitcoin is hitting record highs, fueled by exchange-traded fund (ETF) approvals, optimism around favorable regulation, and growing interest from big investors. But behind this positive momentum, the altcoin market is in crisis.
