Other news

Categories
Top Dollar Euro Gold Silver Gas Oil Bitcoin Ethereum S&P 500 DAX Other

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

Today at 3:52 AM
RBA to cut rates at July 8 meeting as economy expected to slow — Reuters poll

According to a Reuters poll, the Reserve Bank of Australia is expected to cut interest rates at its next meeting on July 8 as inflation falls, and economic growth is projected to weaken.

4 July
RBA to cut rates at July 8 meeting as economy expected to slow — Reuters poll
Canada’s trade deficit narrowed in May after hitting record high in April

According to Statistics Canada, the country’s trade deficit narrowed to 5.9 billion Canadian dollars ($4.34 billion) in May, following April’s record high. The decline was driven by a 1.1% increase in exports and a 1.6% drop in imports, despite the negative impact of US tariffs.

4 July
Canada’s trade deficit narrowed in May after hitting record high in April
Japanese household spending hits highest level since summer 2022 — Bloomberg

According to Bloomberg, Japanese household spending reached its highest level since summer 2022 at the end of June. Agency experts suggest this may indicate consumers' adaptation to rising prices and their willingness to support the economy despite pressure from US import tariffs.

4 July
Japanese household spending hits highest level since summer 2022 — Bloomberg
Canada. Trade Balance. The value of the indicator has increased from $-7.6B to $-5.9B

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

3 July
UBS raises copper price forecast for 2025 and 2026

Swiss bank UBS published a new report, raising its forecast for copper prices in this and next year. Improved expectations are due to reduced concerns about US trade policies and their impact on global economic growth.

3 July
UBS raises copper price forecast for 2025 and 2026
Ripple applied for US national bank charter

Ripple has officially applied for a national bank charter in the US, CEO Brad Garlinghouse announced in a post. The crypto company submitted its application to the Office of the Comptroller of the Currency (OCC), the country’s top banking regulator.

3 July
Ripple applied for US national bank charter
UBS forecasts Australian dollar to reach 0.70 against US dollar in first half of 2026

Net short positions on the Australian dollar remain substantial. This may limit the downside risk, while a sharp reversal of these positions could become a driver of growth. UBS forecasts that the Australian dollar to US dollar exchange rate will reach 0.70 in the first half of 2026.

3 July
UBS forecasts Australian dollar to reach 0.70 against US dollar in first half of 2026
Canada's manufacturing sector experiences sharpest decline in five years due to US tariffs

Canada's industrial sector decline accelerated in June due to new US tariffs, causing the sharpest production drop since the pandemic had begun. The Manufacturing PMI fell to 45.6 points.

3 July
Canada's manufacturing sector experiences sharpest decline in five years due to US tariffs
Chicago Cboe BZX launches first Solana ETF — YahooFinance

According to Yahoo Finance, the first exchange-traded fund (ETF) on Solana was launched Wednesday on the Cboe BZX exchange in Chicago. The fund, named REX-Osprey SOL and Staking ETF, is available to investors seeking exposure to Solana.

3 July
Chicago Cboe BZX launches first Solana ETF — YahooFinance
Investors lose confidence in the yen’s near-term recovery — Reuters

Global investors are growing skeptical about the yen’s near-term recovery. They believe the currency’s rapid growth could be limited due to the Japanese financial regulator’s overly cautious stance, ongoing trade tensions, and the high cost of holding the position, Reuters reports.

3 July
Investors lose confidence in the yen’s near-term recovery — Reuters