Other news

On Thursday, XRP fell 3% following Judge Analisa Torres' decision to deny a joint request by the US Securities and Exchange Commission (SEC) and Ripple to reduce the $125 million fine imposed on the crypto company.

According to Reuters, copper prices reached their highest level in nearly three months on Thursday, driven by a weakening dollar, concerns over supply stability, and increased activity from speculators following a break of key technical levels.

The Association of Mining, Oil, and Energy Industries (SNMPE) sees the informal copper mining boom in Peru as the greatest challenge for the industry's growth.

Inflation in Tokyo slowed for the first time in four months due to cooler energy price growth and waiver of some charges for households. Consumer prices excluding fresh food grew 3.1% on an annual basis in the capital in June.

Job openings in Australia saw a recovery in May, largely fueled by the construction industry and professional, scientific, and technical services. As reported by Reuters, this reflects a continued demand for labor in the country, even amid a sluggish economy.

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

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

According to the June Citi/YouGov survey, long-term inflation expectations among the UK population (for five to ten years ahead) have increased to 4.3%, the highest level since September 2022.

Economists at Westpac stated that the Reserve Bank of Australia (RBA) is likely to cut interest rates at its July meeting. Previously, experts had anticipated the regulator would reduce borrowing costs in August.

Nearly one-third of UK small and medium-sized enterprises (SMEs) have reduced their workforce in recent months, with major corporations also warning of potential layoffs amid rising social security costs, industry experts report.