The USD/JPY currency pair experienced a notable decline on the first trading day of the new week, reflecting the broader weakening of the US dollar. This downturn was primarily driven by renewed concerns over trade tensions between the United States and China, further exacerbated by the US administration’s plans to …
Read More »US Stocks Decline Alongside Dollar Amid Renewed US-China Trade Tensions
Just like the US dollar, Wall Street stocks are retreating due to the resurgence of trade tensions between the United States and China, as reflected in statements made by US Treasury Secretary Scott Bessent last Friday. He highlighted the stalling of negotiations and the need for a strong push to …
Read More »Canadian Dollar Gains for Third Day as Oil Prices Rise and US Dollar Weakens
The Canadian Dollar (CAD) continued its upward trend against the US Dollar (USD) for the third consecutive session on Monday, bolstered by higher oil prices and ongoing weakness in the Greenback. Positive developments in Canada’s manufacturing sector, contrasted with a deeper contraction in US factory activity, further supported the Loonie’s …
Read More »Will Gold Surge to $3400 Amid Global Tensions and Tariff Threats?
Gold prices have soared to a four-week high, driven by escalating geopolitical risks and renewed trade tensions. The XAU/USD pair climbed to $3,377, up 2.70%, as investors sought the safe-haven asset amid uncertainty. This rally, sparked by the Russia-Ukraine conflict and U.S. tariff policies, underscores gold’s enduring appeal in turbulent …
Read More »Weekly Recap: Global Markets Navigate Trade Tensions, Inflation Trends, and Policy Shifts (May 26 – 30)
The week ending June 1, 2025, was marked by significant volatility across global markets, driven by escalating U.S.-China trade tensions, cooling inflation data in Europe and the U.S., and policy uncertainties impacting currencies, commodities, and equities. From European markets rallying on ECB rate cut expectations to Japan’s bond market turmoil …
Read More »Loonie Leaps: Strong GDP Masks Deeper Canadian Economic Cracks
The Canadian Dollar (CAD) experienced a notable surge against the US Dollar (USD), buoyed by unexpectedly robust first-quarter Gross Domestic Product (GDP) growth figures. However, this headline strength belies underlying vulnerabilities within the Canadian economy, while the US Dollar continues to grapple with the unpredictable fallout from ongoing trade policy …
Read More »Oil’s Downward Slide: OPEC+ Output Hike and Trade Turmoil Pressure Prices
Oil prices concluded the week lower, driven by market expectations of a significant output increase from OPEC+ and persistent uncertainty stemming from global trade tensions. This confluence of factors paints a bearish outlook for crude, as a potential oversupply looms over weakening demand signals.OPEC+ Weighs Greater Supply BoostBrent and West …
Read More »Gold Price Dips Below $3,300 Amid Robust US Dollar and Renewed Trade Tensions with China
XAU/USD declines 0.84% as a strengthened US Dollar weighs on gold prices; trade uncertainties persist. US economic data shows mixed signals, with lower inflation yet robust growth, impacting gold demand. Geopolitical friction escalates as trade disputes with China resurface. Gold prices retreated on Friday, falling below the $3,300 mark as …
Read More »EUR/USD at a Crossroads: Soft US Inflation Meets Hardening Trade Tensions
The Euro and US Dollar find themselves locked in a complex dance, with seemingly positive US inflation figures clashing against a backdrop of escalating trade hostilities. This dynamic creates a challenging environment for global markets, compelling both the Federal Reserve and the European Central Bank to navigate divergent economic paths …
Read More »Is PCE Relief A Fragile Calm Before Policy-Linked Storm?
The latest inflation data offers a moment of respite, yet the economic landscape remains clouded by significant policy uncertainty, posing a complex challenge for the Federal Reserve. While recent figures suggest a cooling of price pressures, the erratic nature of trade policies introduces a volatile element that could swiftly alter …
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