Other news

United Kingdom. BoE Interest Rate Decision. The value of the indicator remained at the same level of 4%

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

Bank of England overestimates UK economic weakness — Bloomberg

Bloomberg reports that the Bank of England (BOE) may be underestimating the UK’s economic strength. The central bank favors pessimistic business surveys, such as the business activity index, over stronger official GDP data.

9 June

Bank of England overestimates UK economic weakness — Bloomberg

Nomura forecasts yen’s growth by 6% as Japanese investors exit US assets

Analysts at Nomura Holdings, Inc. predict that the Japanese yen could strengthen by approximately 6% against the US dollar in the coming months, driven by Japanese investors pulling funds from American assets amid rising yen yields.

9 June

Nomura forecasts yen’s growth by 6% as Japanese investors exit US assets

Bank of England’s Megan Greene expects disinflation in UK to continue

Megan Greene, a rate-setter at the Bank of England, expects disinflation in the UK to continue. She believes US President Donald Trump's tariffs are likely to lower consumer prices in the country due to changes in global trade flows.

9 June

Bank of England’s Megan Greene expects disinflation in UK to continue

SEC considering Nasdaq's application to include Ripple and other cryptocurrencies in NCI index

Last week, Nasdaq filed an application with the US Securities and Exchange Commission (SEC) to expand its cryptocurrency index by including Ripple (XRP), Solana (SOL), Cardano (ADA), and Stellar Lumens (XLM).

9 June

SEC considering Nasdaq's application to include Ripple and other cryptocurrencies in NCI index

China expands copper processing capacity amid global ore shortage — Bloomberg

China's copper output has reached a record high this year. The relentless expansion of copper processing capacity in China has led to intense competition among mining companies for the ore needed to produce the vital industrial metal.

9 June

China expands copper processing capacity amid global ore shortage — Bloomberg

Bloomberg: Japan’s Q1 2025 GDP contraction reinforces central bank’s cautious stance

According to updated figures, Japan’s economy shrank by 0.2% in the first quarter of 2025, keeping the central bank on a cautious path as weak growth persists, Bloomberg reports.

9 June