Other news

А GfK survey released on Friday revealed that British consumers saw a modest rebound in their confidence in May. This improvement has been attributed to the Bank of England's (BoE) interest rate cuts and relieving strain in global trade, as reported by Reuters.

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

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

Member of the Bank of Japan board Asahi Noguchi believes the central bank does not have to intervene into the bond market to act on the rise of super-long yields.

According to the Office for National Statistics, Britain’s public sector net borrowing hit 20.2 billion pounds ($27.07 billion) last month, up 1 billion pounds ($1.34 billion) from April 2024.

Nearly two-thirds of Japanese companies have expressed support for temporarily halting the central bank's interest rate hikes. They believe that the current rate policy under US President Donald Trump is exacerbating pressure on the earnings of international firms.

Central Asia Metals announced the acquisition of Australian-listed copper producer New World Resources in a deal valued $119 million. Analysts at RBC Capital Markets believe this will increase Central Asia Metals’ long-term copper production profile.

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

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

The International Energy Agency (IEA) warns in its 2025 outlook that copper and other critical minerals face heightened supply chain risks. The industry is under pressure from growing challenges, including tighter export restrictions and heavy reliance on just a handful of producing countries.