Market Update

The BoC, facing slowing global growth and domestic economic challenges, is expected to lower interest rates to stimulate economic activity. Lower borrowing costs can encourage investment and consumption, thereby boosting economic growth. However, the potential for increased tariffs on Canadian goods could significantly undermine these efforts.The Bank of Canada is …

The euro declined on Tuesday, pressured by a strengthening US dollar, which benefited from statements by US President Donald Trump regarding trade policies. These statements highlighted the possibility of tightening existing restrictions on US imports from abroad. The EUR/USD pair dropped to 1.0430 compared to the previous day’s close of …

The GBP/USD pair tumbled as President Trump’s proposed tariffs on various industries raised fears of a trade war. The US Dollar Index climbed 0.4% to 107.86, pressuring GBP/USD amid increased market risk aversion. The US saw a significant drop in Durable Goods Orders and Consumer Confidence, while inflation expectations rose. …

Treasury bond yields continued to climb, buoyed by statements from U.S. President Donald Trump threatening to raise tariffs on all U.S. imports as part of a renewed comprehensive trade policy framework for the new administration, which will rely more on trade restrictions and protectionist tariffs.The yield on the 10-year U.S. …

U.S. stocks began to regain footing on Tuesday following the shock caused by China’s DeepSeek, which announced an AI application that rivals the expensive applications developed by European and American companies, but at a much lower cost.The Dow Jones Industrial Average rose to 44,747 points, adding about 0.2% or 51 …

Bitcoin regained some ground on Tuesday, recovering from recent losses as bargain hunters took advantage of the cryptocurrency’s dip below the $100,000 mark. Despite the rebound, traders remained cautious amid concerns over a potential market rout spurred by artificial intelligence developments and political uncertainty surrounding U.S. President Donald Trump’s stance …

The US dollar strengthened on Tuesday, recovering from losses in the previous session, as global growth concerns resurfaced and heightened fears of trade wars began to weigh on market sentiment. At 04:20 ET (09:20 GMT), the Dollar Index, which tracks the greenback against a basket of six major currencies, rose …

Gold prices remained stable in early Asian trading on Tuesday after a sharp decline of over 1% on Monday, driven by a rebound in the U.S. dollar and growing caution ahead of the Federal Reserve’s interest rate decision. Spot gold (XAU/USD) traded at $2,740.19 per ounce, while February gold futures …

Gold prices experienced a decline of over 1% on Monday, falling below the $2,750 level. This downturn was primarily driven by a confluence of factors. Firstly, profit-taking by investors contributed significantly to the gold price decline. Secondly, the emergence of DeepSeek, a Chinese artificial intelligence firm, triggered a broader market …

The US Dollar began the week on a weaker note as markets grappled with the potential impact of further tariffs and anticipated the upcoming Federal Reserve meeting. The US Dollar Index (DXY) experienced moderate losses, although it partially recovered after touching a low near 107.00. Meanwhile, the Euro strengthened against …