Other news

Japan. BoJ Interest Rate Decision. The value of the indicator remained at the same level of 0.5%

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

EY Item Club downgrades UK economic forecast on US trade policies

The UK is likely to see slower economic growth in 2025–2026, with GDP for this year and next revised to 0.8% and 0.9%, down from previous estimates of 1% and 1.6%. Protectionist measures taken by the US will be the key reason for these changes, the EY Item Club reported.

28 April

EY Item Club downgrades UK economic forecast on US trade policies

BoE’s Greene points out impact of US dollar exchange rate on UK monetary policy

Megan Greene from the Bank of England noted the impact of the dollar's exchange rate on British monetary policy. In her opinion, a weaker dollar has a deflationary effect on the UK economy, helping to accelerate rate cuts.

28 April

BoE’s Greene points out impact of US dollar exchange rate on UK monetary policy

Canadian retail sales rose in March in response to trade tensions

Preliminary data from Statistics Canada showed an increase in retail sales by 0.7% in March, after a decline of 0.4% in February. According to experts surveyed by Bloomberg, this growth was driven by consumers seeking to outpace possible price increases caused by escalating trade tensions.

28 April

Canadian retail sales rose in March in response to trade tensions

Major investments from North American companies drive Solana's growth and market position

As a competitor to Ethereum, Solana continues to strengthen its market position. While it lagged behind Bitcoin last year, SOL has posted a remarkable return of more than 10,000% over the past five years, compared to BTC's 1,100%.

28 April

Major investments from North American companies drive Solana's growth and market position

Bloomberg survey: Bank of Japan to pause rate hike cycle due to economic risks

All 54 economists surveyed by Bloomberg believe the Bank of Japan will keep the benchmark rate at 0.5% as a result of this week's meeting. Meanwhile, the central bank's new forecasts for Japan's economy will be closely analyzed for any clues regarding the extent of the pause.

28 April

Bloomberg survey: Bank of Japan to pause rate hike cycle due to economic risks

S&P Global Ratings may downgrade Australia's credit rating due to election promises

S&P Global Ratings has warned of a possible downgrade of Australia's credit rating. Earlier, the country's major political parties made election promises that could lead to increased government spending, a structural budget deficit, and higher government debt.

28 April