According to CNBC, the Dogecoin cryptocurrency experienced a significant 10% drop yesterday. This decline followed Elon Musk's formal departure from Donald Trump's administration, as well as a recent public dispute between the two over tax reforms on social media.

6 June 2025

Dogecoin price drops amid Trump-Musk conflict — CNBC

Canada reports record trade deficit in April due to US tariff policy

Canada recorded its largest-ever trade deficit of 7.1 billion Canadian dollar ($5.2 billion) in April, dramatically exceeding analyst expectations. The unprecedented deficit was primarily driven by a significant 15.7% drop in exports to the United States, Canada's main trading partner.

6 June 2025

Canada reports record trade deficit in April due to US tariff policy

Former Japanese diplomat expects yen to rise to 140 per dollar by year-end

A narrowing interest rate gap between the US and Japan could lead to a strengthening of the yen against the dollar. The exchange rate could reach the 135–140 range by the end of the year, as projected by former Japanese diplomat Mitsuhiro Furusawa.

6 June 2025

Former Japanese diplomat expects yen to rise to 140 per dollar by year-end

BOE survey: only 12% of UK firms view US import tariffs as source of instability

According to the latest Bank of England (BOE) research, only a small share of UK companies are concerned about US trade policies. The survey reveals that just 12% of businesses cited actions by American President Donald Trump as a primary source of instability in May.

6 June 2025

BOE survey: only 12% of UK firms view US import tariffs as source of instability

SEC opposes new crypto funds amid legal uncertainty — Bloomberg

The US Securities and Exchange Commission (SEC) is facing the need to regulate new cryptocurrency exchange-traded funds (ETFs) that offer investors earnings through staking, as reported by Bloomberg.

6 June 2025

SEC opposes new crypto funds amid legal uncertainty — Bloomberg