An increase of the indicator value may contribute to the rise in quotes of AUD.
An increase of the indicator value may contribute to the rise in quotes of AUD.
A decrease of the indicator value may contribute to the fall in quotes of JPY.
A decrease of the indicator value may contribute to the rise in quotes of CAD.
According to data from the UK Office for National Statistics, the country's GDP fell by 0.1% in May following a 0.3% decline in April. Experts surveyed by Bloomberg had expected a 0.1% increase. This has heightened concerns among analysts about the state of the British economy.
According to Pacific Investment Management Co. (Pimco), trade tensions are diverting investments from the US to Japan, making the Asian nation a key destination for capital. This shift is clearly reflected in record inflows of 9.16 trillion yen ($62.32 billion) in April.
Research agency BMI expects copper production to increase by 2.5% year-on-year by the end of 2025. According to the company's experts, this growth will occur due to production recovery in Chile and expanded mining operations at the Oyu Tolgoi deposit in Mongolia.
According to preliminary estimates from economists surveyed by FXStreet, Canada’s unemployment rate rose from 7% to 7.1% in June. This could prompt the Bank of Canada (BoC) to resume its monetary easing cycle.
A Reuters poll of economists showed that Japan’s inflation could have slowed down last month. However, that could still push the central bank to raise interest rates, the news agency says.
According to updated data from the UK's Office for National Statistics (ONS), the country's rate of industrial producer price inflation was higher than previously estimated.
US President Donald Trump threatened to impose 35% tariffs on some Canadian imports. He also raised the possibility of higher duties on goods from most of the country’s trading partners. The US leader said tariffs against Canada will take effect August 1.
According to NYDIG, Bitcoin surged 30.7% and Ethereum gained 36% between April and June. Meanwhile, the US stock market saw more modest growth at just 11.14%. This shows that crypto assets are increasingly being viewed as a more promising and profitable alternative to traditional assets.