Other news

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.

According to Bloomberg, Chinese smelters are ramping up their copper exports. In the coming weeks, about 30,000 tons of the metal are set to be delivered to London Metal Exchange’s (LME) warehouses in Asia.

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

FXStreet says Statistics Canada is set to release the consumer price index for May this Tuesday. Economists project the gauge will match April’s annual rise of 1.7%.