Other news

The Organisation for Economic Co-operation and Development (OECD) has raised concerns about the state of the UK economy. Experts from the group warn that overly strict fiscal rules implemented by Chancellor of the Exchequer Rachel Reeves pose a threat to the economic stability.

An increase of the indicator value may contribute to the rise in quotes of GBP.

Chilean startup Ceibo, backed by BHP Group, has delivered the first cathode copper from a demonstration plant at a mine in the northern part of the country. The project's work is aimed at increasing the recovery of metal from lower-grade ore.

After the announcement of Solana Foundation signing a memorandum of understanding with Dubai's Virtual Asset Regulatory Authority, the price of Solana showed a rise. After the SOL price fell more than 10% in the previous week, the altcoin appreciated by 4% on the back of the latest news.

Peruvian authorities forecast that the country's copper production will reach 2.8 million tons this year, which is slightly higher than last year's figure of 2.7 million tons. This increase will be driven by investments in the mining industry totaling $4.8 billion.

Australia’s economic growth slowed in the first three months of this year, reinforcing the case for the country’s central bank to ease monetary policy further. Government data showed that GDP advanced 0.2% in the first quarter, weaker than the forecasted increase of 0.4%.

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

An increase of the indicator value may contribute to the rise in quotes of AUD.

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

A trade deal between the UK and the US has resulted in an improvement in the British manufacturing sector. Following the agreement, S&P Global’s manufacturing purchasing managers’ index for the UK rose to 46.4 in May and reached a three-month high.