Gold prices saw an uptick in Asian trade on Tuesday, as ongoing concerns over U.S. President Donald Trump’s trade tariffs and geopolitical tensions contributed to sustained demand for safe-haven assets. Gold and Geopolitical Factors: Spot gold rose by 0.6%, reaching $3,364.26 an ounce. Gold futures for September increased by 0.4%, …
Read More »Trump Signals Trade Deals and Presses Russia for Ukraine Peace
US President Donald Trump announced progress in trade negotiations, hinting at imminent deals with global partners, while issuing a stark ultimatum to Russia for a Ukraine peace resolution. With trade tensions escalating and the Ukraine conflict unresolved, Trump’s dual focus on economic and geopolitical fronts underscores a high-stakes strategy to …
Read More »Dollar Index Falters Amid Trump’s Tariff Threats and Fed Independence Concerns
The US Dollar Index (DXY), tracking the US Dollar (USD) against major currencies, faces downward pressure, trading below the key 98.00 level on Monday. Market sentiment is cautious as investors assess new geopolitical risks sparked by President Donald Trump’s weekend tariff threats against the EU and Mexico.Adding to uncertainty, reports …
Read More »Gold Prices Rise Amid Trade Tariffs and Geopolitical Tensions, Silver Hits 14-Year High
Gold prices saw a modest increase in Asian trading on Monday, extending their recent gains as investors sought safe-haven assets amid growing concerns about U.S. President Donald Trump’s trade tariffs and rising geopolitical tensions, particularly over the Russia-Ukraine conflict. Key Price Movements: Spot Gold rose by 0.2%, trading at $3,361.42 …
Read More »Weekly Recap: Global Markets React to Tarrifs, Economic Shifts
During the trading week of July 7–11, financial markets experienced a mix of volatility and relative stability for most major assets, driven by developments in U.S. trade policies, financial legislation, and strong economic data. The U.S. Dollar Index (DXY) showed continued strength, rising from 96.80 to 97.50, supported by robust …
Read More »Impact of U.S. Tariffs on the Canadian Economy and CAD
The USD/CAD exchange rate stands at 1.36897, up 0.25%, reflecting a weakening Canadian dollar (CAD) amid escalating U.S. tariffs announced by President Donald Trump. Effective August 1, 2025, a 35% tariff on Canadian imports will complement existing 25% tariffs on autos, 50% on steel and aluminum, and 10% on energy …
Read More »Gold Surges Past $3,350 Amids Trump’s Tariff Threats
Gold prices climbed to $3,354, up nearly 1% from $3,322, driven by a risk-off market mood triggered by U.S. President Donald Trump’s trade policies. His 35% tariffs on Canadian goods and proposed 15-20% duties on other trading partners have heightened global trade tensions, boosting demand for safe-haven assets like gold. …
Read More »U.S. Tariff Threats Pressure EUR/USD Amid EU Trade Talks
The EUR/USD exchange rate dropped to 1.16894, down 0.09%, as U.S. President Donald Trump announced new tariff rates for the European Union (EU). Following 50% tariffs on Brazilian imports and 35% on Canadian goods effective August 1, trade tensions have intensified, pressuring the Euro. Traders are closely watching U.S.-EU negotiations, …
Read More »Explainer: Key Factors Indicating US Economic Resilience Amid Tariff Concerns
The US economy is demonstrating resilience despite concerns over President Donald Trump’s tariff policies, with high-yield bonds and recent job data providing optimistic signals. On July 11, 2025, high-yield bond spreads remain narrow, indicating low investor concern about corporate defaults. Concurrently, the US added 147,000 jobs in June 2025, exceeding …
Read More »US Dollar and T-Yields Steady Amid Trade Tensions and Tariff Threats
Overview of Recent DevelopmentsThe US Dollar has gained modest strength, supported by renewed trade tensions following President Donald Trump’s tariff announcements. On Friday, the US Dollar Index (DXY) rose 0.30% to 97.89, hovering below key resistance levels of 97.80–98.00, with support from the 9-day EMA at 97.50. Concurrently, the 10-year …
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