Other news

Categories
Top Dollar Euro Gold Silver Gas Oil Bitcoin Ethereum S&P 500 DAX Other

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

19 September
Reserve Bank of Australia lowers key rate for second time this year

The Reserve Bank of Australia (RBA) has recently cut interest rates by 0.25 percentage points, bringing them down to 3.85%, the lowest level seen in the past two years. This decision comes amid ever-growing global uncertainty that is impacting the nation's economic landscape.

20 May
Reserve Bank of Australia lowers key rate for second time this year
Investment funds are shifting their focus from copper to alternative metals

Initially, the potential introduction of US tariffs on copper imports seemed to benefit traders of physical metals. However, subsequent ups and downs in the commodities market have hurt investment funds and their operations, Reuters reports.

20 May
Investment funds are shifting their focus from copper to alternative metals
Ripple integrates XRP into UAE banks' payment systems

Ripple Labs has partnered with Zand Bank and Mamo Bank in the United Arab Emirates (UAE) to integrate the XRP cryptocurrency into their payment systems and facilitate cross-border transactions.

20 May
Ripple integrates XRP into UAE banks' payment systems
UK benefit cuts could cause big problems — Resolution Foundation

According to a study by the Resolution Foundation think tank, the cuts in social benefits proposed by the Labor Party will increase unemployment in the UK. This will happen despite the recent statements of the country's government about increasing the number of working citizens in the kingdom.

20 May
UK benefit cuts could cause big problems — Resolution Foundation
Australia. RBA Interest Rate Decision. The value of the indicator has decreased from 4.1% to 3.85%

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

20 May
Gold regains previous week's losses amid US credit rating downgrade

On Monday, gold began to actively regain the previous week's losses, which were caused by easing global trade tensions. According to Investing, the rise in gold prices was driven by several factors simultaneously, including Moody's downgrade of the US credit rating.

19 May
Gold regains previous week's losses amid US credit rating downgrade
Dollar falls against major currencies after US credit rating downgrade

On May 19, the US dollar fell against a number of foreign currencies following the downgrade of the American government's credit rating.

19 May
Dollar falls against major currencies after US credit rating downgrade
Potential copper tariff hike is causing global metal movement and oversupply in US

Copper tariffs announced by President Trump have triggered a massive surge in US imports of the metal, overwhelming the American market and straining global supplies. Following the announcement of the duties in February, traders began rushing copper into the US.

19 May
Potential copper tariff hike is causing global metal movement and oversupply in US
Bitcoin may reach $200,000 by end of 2025 — Arthur Hayes

, an American entrepreneur and co-founder of the BitMex firm, shared his opinion on the likely rise in bitcoin's value to $200,000 as part of an interview for Yahoo Finance.

19 May
Bitcoin may reach $200,000 by end of 2025 — Arthur Hayes
Australian Productivity Commission Chair calls for reforms

The Chair of Australia’s Productivity Commission, Danielle Wood, has declared the urgent need to address labor productivity growth, which has fallen to its lowest level in 60 years. She emphasized that current conditions demand measures to optimize workforce utilization.

19 May
Australian Productivity Commission Chair calls for reforms