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The UK’s Office for National Statistics (ONS) will release the advanced prints of the Q3 Gross Domestic Product (GDP) on Thursday. If the figures meet market consensus, the UK economy would have maintained its pace of expansion at 1.4% annualised, showing that momentum could have begun to stall. The QoQ report is expected to show
- BNY Mellon forecasts $3.6T stablecoin/tokenized cash market by 2030, driven by institutional adoption and regulatory progress. - EU MiCA and U.S. GENIUS Act (2025) mandate 100% reserve backing, fostering institutional confidence through clear compliance standards. - JPMorgan's JPMD stablecoin and USDsui's yield-focused model exemplify institutional blockchain integration for faster payments and liquidity. - Regulatory fragmentation and UK-style reserve caps could hinder growth, while permissioned chains
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MoreAccording to Business Agency data, on June 8, the latest price of sulfur was 8,033.33 yuan/ton, representing a 7.11% increase compared to 7,500.00 yuan/ton at the beginning of the month.
UK consumer spending rebounded in May, while travel expenses declined for the third consecutive month, indicating caution.