No change of the indicator value may reduce the volatility of the related markets.
6 November
Other news
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XRP will qualify under the EU's MiCA law as “utility token”
According to the Times Tabloid, XRP will be categorized under the European Union's Markets in Cryptoassets Regulation (MiCA) as a “utility token.” This is an important confirmation of XRP's functional role in blockchain finance.
6 June
Declining household spending weighs on Japan’s economy — Bloomberg
In April, Japanese household spending unexpectedly dropped as high inflation curbed discretionary purchases. The decline served as a worrying sign for policymakers amid an economic downturn that had begun even before US tariffs took full effect, Bloomberg reports.
6 June
A decrease of the indicator value may contribute to the fall in quotes of CAD.
5 June
RBC strategists led by Sam Crittenden noted a weakening in copper supply and demand. Therefore, Donald Trump's refusal to impose tariffs on this metal could negatively impact prices.
5 June
The Bank of Canada has decided to keep its interest rate at 2.75%, signaling that fighting core inflation takes priority over concerns about weak economic growth, Bloomberg notes. However, several experts quoted by the agency believe the central bank will cut rates multiple times this year.
5 June
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
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
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
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
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
