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High inflation could push the Bank of Japan (BOJ) to raise borrowing costs as early as October if trade tariff concerns ease. This was stated by former BOJ chief economist Hideo Hayakawa in a Bloomberg interview.

An increase of the indicator value may contribute to the fall in quotes of Nickel, Platinum, Palladium, Copper.

The sharp rise in XRP earlier this week caught the attention of the global cryptocurrency market. According to data cited by CryptoFrontNews, South Korean traders played a significant role in this price surge.

According to the British Retail Consortium (BRC), total retail sales in the UK rose by 3.1% in June compared to the same period last year. The surge was partly driven by hot weather, which encouraged purchases of fans, sports equipment, and leisure items.

Australia’s consumer confidence improved in July as households grew more optimistic about their finances, even after the country’s Reserve Bank (RBA) unexpectedly held interest rates steady last week, Bloomberg reports.

According to Bernstein experts, investors should prepare for a prolonged rally in the crypto market. They say the current bullish cycle will be “quite long and exhausting,” and its driving force will be institutional adoption of blockchain technology.

An increase of the indicator value may contribute to the rise in quotes of Zinc, Nickel, Palladium, Aluminium, Copper, CNY.

According to a survey of experts conducted by BNN Bloomberg, inflation in Canada is expected to rise to 1.8–2.0% in July. This is due to increasing prices of goods subject to tariffs imposed by the US.

According to UBS, copper imports to the US will decline sharply in the coming months due to the accumulation of excess inventories prior to the implementation of 50% tariffs on August 1.

Bloomberg reports that the Bank of Japan is considering raising its inflation forecast for this fiscal year. Food prices, including rice, have risen faster than expected, and oil costs have also increased.