PNM Resources, Inc. (PNM) announced Friday that The New Mexico Public Regulation Commission (NMPRC) approved an application by its wholly-owned subsidiary Public Service Company of New Mexico (PNM) for new energy resources to be added by summer 2026.

UK mortgage approvals decreased marginally in April and households made record deposits in individual savings accounts or ISAs to take advantage of higher interest rates, data released by the Bank of England showed on Friday. The number of mortgage approvals dropped slightly to 61,100 from 61,300 in March. Approvals were forecast to rise to 61,500

The Japanese yen weakened against other major currencies in the European session on Friday.

Indian shares eked out modest gains on Friday as a downward revision to U.S. first-quarter GDP data revived hopes for Fed rate cuts this year.

European stocks were broadly lower on Friday after data showed Eurozone inflation rose for the first time this year, reaching 2.6 percent year-on-year in May and adding to worries about slowly the European Central Bank will cut interest rates.

Oil prices fell Friday as Fed officials said rate cuts were premature, and a surprise build in US gasoline stocks added pressure.

The dollar steadied Friday after a Q1 US GDP revision hinted at Fed rate cuts. The yen stayed above its four-week low on stable price growth.

On Thursday, the dollar surged to a two-week high due to strong economic data and weak Treasury auctions, signaling market ripples.

Dollar pulls back ahead of core PCE price index - Euro awaits Eurozone flash CPI data - Wall Street closes in the red, oil extends slide

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: The gloom of old altcoins