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 …

Gold’s Steady RiseOn June 30, 2025, gold futures for August delivery rose to $3,302 per ounce, up from $3,273, driven by a faltering U.S. dollar. The precious metal peaked at $3,309 and dipped to $3,246, reflecting its inverse tie to the dollar. The Dollar Index fell 0.2% to 96.87 from …

Yields Slide Amid UncertaintyOn July 1, 2025, U.S. 10-year Treasury yields dropped to 4.228% from 4.290%, hitting a daily low of 4.228% and a high of 4.287%. The decline reflects growing market expectations of at least two Federal Reserve rate cuts by year-end, fueled by forecasts of weakening U.S. employment …

Euro Surges: Dollar Woes and Stable Inflation Fuel RallyEuro’s Strong AdvanceOn June 30, 2025, the Euro climbed to $1.1776, a 0.51% gain, reaching its highest level since September 2021. This surge, largely driven by U.S. dollar weakness, overshadowed a flat German CPI, which held steady at 2% annually in June, …

WTI Stalls Amid Supply ShiftsOn June 30, 2025, West Texas Intermediate (WTI) crude oil hovered below $65.00 per barrel, paring early gains. A brief spike followed news of Prax Group’s insolvency in the UK, raising fears of reduced diesel and gasoline supply in Northwest Europe. However, attention quickly shifted to …

Trump Targets PowellOn June 30, 2025, President Donald Trump escalated his feud with Federal Reserve Chair Jerome Powell, formally demanding lower interest rates via a handwritten note. Labeling Powell “too late,” Trump criticized the Fed’s cautious stance amid his administration’s volatile trade policies. The move follows weeks of heated rhetoric, …

Overview of the Legislative ProposalIn June 2025, President Donald Trump’s proposed tax and spending bill, dubbed the “One Big Beautiful Bill,” has emerged as a cornerstone of his second-term economic agenda. This ambitious legislation aims to permanently extend the 2017 Tax Cuts and Jobs Act (TCJA), which reduced corporate tax …

GBP/USD Holds Its GroundOn June 30, 2025, GBP/USD stayed steady at 1.3707, shrugging off hawkish remarks from Atlanta Fed President Raphael Bostic, who projected just one rate cut in 2025 and three in 2026. The UK’s Q1 GDP grew 0.7% quarter-on-quarter, its fastest pace in a year, yet signs of …

The US dollar experienced significant volatility last week, caught in a tug-of-war between positive and negative market forces. Support from Federal Reserve policymakers, led by Chair Jerome Powell, emphasized a cautious “wait-and-see” approach to interest rate cuts, bolstering the dollar. This stance was reinforced by stronger-than-expected consumer confidence, with the …