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Davenport believes that in the short term, the Canadian economy will continue to struggle to create a large number of jobs, but after the unemployment rate rises to 6.9%, it may be nearing its peak. He pointed out that the “break-even” job growth needed to keep the unemployment rate stable has slowed to nearly zero and may soon turn negative. This means that even if the economy does not add any new jobs, the unemployment rate could fall. Davenport expects Canada’s unemployment rate to reach a peak of 7% in the second quarter, after which, with moderate job growth and a contraction in labor supply, the unemployment rate will begin to decline.

Foresight News reports that the decentralized reinsurance protocol Re has migrated the cross-chain infrastructure for its deposit token reUSD from LayerZero to Chainlink CCIP, making it its sole cross-chain solution. Re stated that the main reasons for choosing Chainlink CCIP include its default security mechanism based on a decentralized oracle network (DON), redundant verification for each bridge channel operated by 16 independent node operators, built-in native rate limiting and circuit breaker mechanism, and SOC 2 Type 2 certification. Previously, Kelp DAO and Solv Protocol both switched to Chainlink CCIP cross-chain infrastructure following the Kelp DAO attack incident.

However, Kallum Pickering from Peel Hunt stated in a report that caution should be exercised regarding this initial reaction, as the political situation in the UK remains unstable. Pickering said the decline in UK government bond yields could be due to Keir Starmer's intention to continue as Prime Minister and the absence of challengers at present. However, he noted, "It is still too early to draw any firm conclusions, and the situation remains fluid." Data from Tradeweb shows that the yield on 10-year UK government bonds fell by 3.5 basis points to 4.885%, having earlier reached a two-week low of 4.864%.