Other news

According to Bloomberg, copper prices have been rising for the fifth straight day following a Goldman Sachs forecast predicting the metal could hit a record high of $10,050 per ton by August 2025.

A decrease of the indicator value may contribute to the rise in quotes of Heating Oil.

A decrease of the indicator value may contribute to the rise in quotes of Gasoline.

A decrease of the indicator value may contribute to the fall in quotes of Gasoline.

According to preliminary data from the International Copper Study Group (ICSG), global copper production increased by 2% in the first four months of 2025.

Naoki Tamura, the Bank of Japan's (BOJ) board member, stated that the central bank may be forced to raise interest rates if inflation risks increase, despite ongoing economic uncertainty.

The UK labor market is showing signs of slowing down, according to surveys conducted by the analytics firm Brightmine. Wage growth remains below inflation levels, and the number of job vacancies, particularly graduate-level, is contracting.

The US Fed has officially removed the concept of “reputational risk” from its banking supervision regulations. The move is critical for the crypto industry, as it reinforces opportunities for collaboration between US banks and companies in the digital sector, and Ripple in particular.

According to Bloomberg, Bank of Japan (BOJ) officials discussed the country’s accelerating inflation last week. The regulator’s representatives believe that vigilance remains necessary due to high uncertainty surrounding the US administration’s trade policies.

In May, Australia’s inflation slowed faster than expected, nearing the bottom of the Reserve Bank’s (RBA) 2–3% target range. As reported by Bloomberg, this has strengthened the case for a potential rate cut as early as July.