US home sales fell 2.7% in June to an annualized 3.9 million units, the slowest pace since September, while median prices for previously owned homes hit a record $435,300, up 2% from last year, the National Association of Realtors reported. High mortgage rates and economic uncertainty deterred buyers, dampening hopes …
Read More »Despite US-Japan Trade Deal, Dollar Struggles Amid Political Tensions
The US Dollar is finding its footing after a turbulent week, as global trade dynamics and political pressures shape market sentiment. On July 23, 2025, the currency stabilized following a sharp three-day decline, buoyed by a landmark $550 billion trade deal with Japan that eased fears of escalating trade wars. …
Read More »Wall Street and Europe Show Varied Earnings Results on July 22, 2025
On July 22, 2025, global financial markets faced a challenging earnings landscape shaped by corporate performance and U.S. trade policies. Wall Street experienced a mixed session, with the S&P 500 inching up 0.1% to a record high and the Dow Jones Industrial Average posting modest gains, while the Nasdaq Composite …
Read More »Copper Blazes to Record Highs: Tariffs Fuel Market Frenzy
Copper prices ignited global markets, soaring to a new all-time high as traders braced for a looming 50% U.S. tariff set to hit next month. The most active September copper futures on the U.S. market surged 1.6% to $5.732 per pound, marking a historic peak, while London contracts climbed 0.8% …
Read More »US Markets Blaze Through Volatility: Stocks Mixed as Tariffs Hit General Motors Hard
U.S. stock markets delivered a dynamite performance, navigating a whirlwind of corporate earnings and trade developments with mixed results. The Dow Jones Industrial Average climbed 0.44%, bucking the trend, while the S&P 500 hovered near flat, and the Nasdaq Composite dipped 0.28%. Investors grappled with General Motors’ tariff-driven profit slump …
Read More »Market Drivers-US Session: Trade Tensions and Fed Autonomy Steer Markets
The US Dollar weakened further on Tuesday, July 22, 2025, dropping to two-week lows around 97.30 as risk sentiment improved despite ongoing trade uncertainties and heightened Trump-Powell tensions. This shift raises a key question—will these dynamics continue to shape currency and commodity movements into Wednesday, July 23? Here’s what to …
Read More »Canada’s Carney Balances Trump Talks and Global Allies
Canadian Prime Minister Mark Carney dropped a dynamite update on Canada’s trade strategy, navigating a high-stakes dance with U.S. President Donald Trump while keeping doors open with non-U.S. allies. As U.S. tariffs loom over Canadian industries like steel and softwood lumber, Carney emphasized a proactive approach, blending optimism for a …
Read More »Trump Targets Powell: Fed Chair’s Exit Looms in 8 Months
US President Donald Trump has escalated his criticism of Federal Reserve Chair Jerome Powell, predicting Powell’s departure from the central bank within eight months. Speaking at a White House meeting with Philippine President Ferdinand Marcos Jr. on July 22, 2025, Trump called for lower interest rates and questioned the Fed’s …
Read More »Trump Targets Fed’s Powell Over Housing Woes, Cites High Interest Rates
On Tuesday, July 22, 2025, US President Donald Trump intensified his criticism of Federal Reserve Chair Jerome Powell during a meeting with Philippines President Bongbong Marcos, blaming high interest rates for housing market struggles. This latest outburst follows weeks of the White House openly challenging the Fed’s political independence, as …
Read More »Gold Surges Past $3,400 as Trade Tensions and Fed Concerns Boost Safe-Haven Appeal
Gold (XAU/USD) is climbing on Tuesday, July 22, 2025, breaking the $3,400 mark with a near 1% gain by 2:57 PM EEST, driven by escalating trade disputes and doubts over the Federal Reserve’s autonomy. This rally sparks a key question—can gold maintain its upward trajectory, or will competing assets cap …
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