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According to a Friday report from Statistics Canada, retail sales in April increased by 0.3% to 70.11 billion Canadian dollars ($50.94 billion). Gains were recorded in six of the nine subsectors. However, the agency's advance estimate suggests this figure might have declined by 1.1% in May.

The UK government is set to cut electricity bills for thousands of domestic companies as part of a new industrial strategy. It plans to slash energy-intensive companies’ bills by 25% from 2027.

The London Metal Exchange (LME) announced new restrictions for owners of large short-term positions in response to falling inventories. This decision was made after nearby copper contract premiums hit their maximum since October 2022.

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

A decrease of the indicator value may contribute to the fall in quotes of CAD.

In the first two months of the 2025–2026 fiscal year, the UK government deficit totaled 37.7 billion pounds ($50.7 billion), running below forecast. The result gave a modest boost to Chancellor of the Exchequer Rachel Reeves as she faces growing pressure to meet budget limits.

UK consumer confidence has risen for the second month in a row, demonstrating the smallest decline since December last year. The GfK consumer confidence index rose by two points in June, reaching -18.

Global copper smelters are so desperate for raw materials that they're now paying mining companies to convert their concentrates into refined metal. So-called copper treatment charges, a core revenue source for these facilities, have turned negative since the start of the year, Reuters notes.

The Bank of England kept borrowing costs unchanged at 4.25%. The regulator's decision was influenced by several factors. These included slowing economic growth in the country, accelerating inflation, and escalating geopolitical tensions in the Middle East.

A decrease of the indicator value may contribute to the fall in quotes of GBP.