West Texas Intermediate (WTI) crude oil prices climbed toward $65.00 on July 1, 2025, driven by shifting focus to the upcoming American Petroleum Institute (API) weekly inventory report. After a 12% price drop last week, WTI’s modest recovery reflects cautious optimism amid easing Middle East tensions and rising U.S. demand. …

Dow Soars 426 Points as Investors Shift to Healthcare; Tesla Plunges Amid Trump-Musk Feud The U.S. stock market opened the third quarter with mixed performance, as the Dow Jones Industrial Average surged 426 points, a 1% gain, driven by a rotation from technology to defensive sectors like healthcare. The S&P …

Gold prices soared by more than 1.13%, climbing to approximately $3,355 per ounce, before stablizing at $3,339 at the time of writing, propelled by mounting uncertainties surrounding global trade policies as the U.S. approaches a critical July 9 tariff deadline. The faltering progress in trade negotiations, combined with unpredictable economic …

The US Senate passed President Donald Trump’s ambitious legislative package, known as the “One Big Beautiful Bill,” marking a significant milestone in his administration’s economic agenda. The 940-page bill, which narrowly cleared procedural hurdles over the weekend, survived a contentious “vote-a-rama” session to secure approval. Combining sweeping tax cuts, spending …

The US Dollar Index (DXY) staged a recovery after hitting its lowest level since February 2022 at 96.38, climbing to around 96.85 during the American session, buoyed by stronger-than-expected US economic data. The ISM Manufacturing PMI and JOLTS Job Openings reports exceeded forecasts, easing some of the bearish pressure that …

The EUR/USD currency pair surged to a multi-year high of 1.1830, its strongest level since September 2021, before retreating slightly as robust US economic data bolstered the US Dollar. The Eurozone’s stabilizing inflation, with headline CPI reaching the European Central Bank’s (ECB) 2% target and core inflation steady at 2.3%, …

On July 1, 2025, the picturesque town of Sintra, Portugal, became the epicenter of global economic discourse as the European Central Bank (ECB) Forum on Central Banking brought together some of the world’s most influential central bankers. Among them were Jerome Powell, Chair of the Federal Reserve, Christine Lagarde, President …

On July 1, 2025, at 5:55 PM EEST, Bank of Japan (BOJ) Governor Kazuo Ueda provided critical insights into Japan’s economic landscape during a panel discussion at the European Central Bank’s Forum on Central Banking in Sintra, Portugal. Addressing an audience of global financial leaders, economists, and policymakers, Ueda stated …

Canadian Market GainsOn June 30, 2025, Canada’s S&P/TSX composite index rose 164.79 points to 26,857.11, with all sectors advancing. The rally followed Canada’s repeal of a digital services tax, defusing tensions after U.S. President Trump paused trade talks. Prime Minister Mark Carney tied the decision to ongoing trade negotiations, sparking …

On July 1, 2025, the USD/JPY pair fell to 143.89, down from 144.62, as the U.S. dollar weakened amid fears of dismal U.S. employment data. The pair ranged from a daily high of 144.04 to a low of 143.77, signaling market jitters. Forecasts suggest June’s non-farm payrolls will drop to …