Other news

Japan. BoJ Interest Rate Decision. The value of the indicator remained at the same level of 0.5%

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

UK inflation rate in April was overstated due to data error

The UK Office for National Statistics (ONS) reported that April's inflation rate was overstated due to an error in vehicle tax data.

5 June

UK inflation rate in April was overstated due to data error

Strong demand pushes Japan’s 30-year government bond prices higher

Japanese government bonds rose following a relatively solid auction of 30-year debt, which outperformed investors' low expectations, Bloomberg reports.

5 June

Strong demand pushes Japan’s 30-year government bond prices higher

Bank of Canada leaves rates unchanged amid US trade policy risks

The Bank of Canada decided to maintain its policy rate at 2.75% while awaiting further information on the impact of US trade policy. When making this decision, the regulator considered steady inflation growth and the economy's relative stability in the first quarter.

5 June

Bank of Canada leaves rates unchanged amid US trade policy risks

Australian household spending rose just 0.1% in April

Australian Bureau of Statistics’ data shows household spending inched up just 0.1% in April, following a 0.1% decline in March. The figures suggest consumer demand remains sluggish compared to income growth, even as borrowing costs fall and inflation eases, according to Reuters.

5 June

Australian household spending rose just 0.1% in April

Webus plans to raise up to $300 million for XRP treasury strategy

Chinese company Webus International Ltd. plans to raise up to $300 million through non-equity financing to establish an XRP cryptocurrency reserve. The US Securities and Exchange Commission will oversee the fundraising process. CoinMarketCap reports on the filing of the relevant application.

5 June

Webus plans to raise up to $300 million for XRP treasury strategy

Faster growth of Japan’s base pay strengthens case for rate hikes by central bank

According to the country’s labor ministry, base salaries increased by 2.2% in April compared to a year earlier, accelerating from the previous month’s gain of 1.4%. That strengthened the case for rate hikes by the Bank of Japan.

5 June