Economic Report

Consumer prices in Canada accelerated more than expected in December, rising 2.4% year on year, driven largely by base effects linked to last year’s temporary sales tax break. However, underlying inflation pressures continued to cool, with the Bank of Canada’s preferred core measures easing for a third consecutive month. Economists …

The U.S. dollar weakened on Monday as investors moved cautiously after President Donald Trump threatened to impose new tariffs on several European countries in a bid to pressure them into allowing the United States to acquire Greenland. By 04:20 ET, the dollar index, which measures the greenback against a basket …

European defense shares climbed on Monday as investors reacted to fresh geopolitical tensions sparked by U.S. President Donald Trump’s threat to impose new tariffs on several European countries unless Washington is allowed to buy Greenland. Shares of Italy’s Leonardo, Germany’s Rheinmetall and Renk, Britain’s BAE Systems, and France’s Thales all …

Bitcoin fell sharply in Asian trading on Monday, giving back a portion of last week’s gains after U.S. President Donald Trump’s tariff threats against major European nations over Greenland rattled global risk sentiment. The world’s largest cryptocurrency dropped 2.8% to $92,519 by 00:56 ET (05:56 GMT). While Bitcoin gained roughly …

Gold prices surged to unprecedented levels in Asian trading on Monday, climbing toward the $4,700 an ounce mark as investors rushed into safe-haven assets after U.S. President Donald Trump threatened fresh tariffs on several European nations over his push to acquire Greenland. Spot gold jumped 1.6% to $4,667.33 an ounce …

Oil prices were largely unchanged in Asian trading on Monday after a volatile week dominated by geopolitical headlines, as markets shifted their focus from Iran supply risks to fresh trade tensions sparked by U.S. President Donald Trump’s stance on Greenland. By 21:10 ET (02:10 GMT), Brent crude futures for March …

Global markets have demonstrated remarkable resilience in the face of a barrage of sensational geopolitical and political headlines. From recurring threats to Federal Reserve independence and ambitious U.S. housing initiatives to escalating tensions with Iran and energy price volatility, fundamental analysis has proven to be the true driver of market …

The annual World Economic Forum in Davos is set to unfold against a backdrop of heightened economic uncertainty, with President Donald Trump’s return expected to dominate discussions on trade, growth, and the future of global cooperation. His recent policy moves and confrontational economic stance have elevated expectations that this year’s …

Gold prices eased slightly at the end of the trading session, closing near $4,596 per ounce, as investors opted to take profits after a powerful rally that has dominated markets in recent months. The modest pullback did little to dent the broader optimism surrounding the precious metal, which remains one …

President Donald Trump signaled fresh uncertainty over the future leadership of the Federal Reserve after expressing reluctance to nominate Kevin Hassett as the next central bank chair, a move that could significantly reshape the succession race.Speaking Friday, Trump suggested that keeping Hassett in his current role as head of the …