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Market Update

Canada Signals Robust Retaliation as US Tariffs Loom Large

Canadian Prime Minister Mark Carney issued a stern warning to markets this week, underscoring the government’s readiness to launch retaliatory trade measures in response to escalating tariff threats from US President Donald Trump. With the White House poised to implement a sweeping array of tariffs, the economic fallout is expected …

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Market Drivers – US Session: Currency Markets React to Mixed Signals as US PCE Data Looms

The US dollar, often referred to as the Greenback, experienced renewed selling pressure this week, pulling back from its three-week highs. This retreat was driven by a combination of fluctuating US yields, persistent tariff concerns, and growing anticipation for the release of the US Personal Consumption Expenditures (PCE) Price Index …

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US Dollar Awaits Direction as Market Digests Tariff News, Eyes PCE Data

The US Dollar Index (DXY) is currently experiencing a period of consolidation, trading around 104.35, as the initial shock from President Donald Trump’s proposed auto tariffs begins to subside. While the overnight announcement of a potential 25% levy on auto imports, effective April 3rd, and threats of further tariffs against …

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Bitcoin Holds Steady Amid Global Market Downturn Following Trump’s Tariff Announcement

Bitcoin remained largely unchanged on Thursday, even as global financial markets reacted negatively to Trump’s newly announced auto tariffs. Bitcoin Price Movement BTC/USD: $87,315.20 (-0.2%) While equities saw a broad sell-off, Bitcoin remained relatively stable, with traders weighing rising geopolitical uncertainty and potential spillover effects on risk assets. Trump’s Tariffs …

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