European stocks fell on Monday, driven by a sharp decline in the automobile sector, as investors reacted to the latest trade tariff threats from U.S. President Donald Trump. Market Overview: The pan-European STOXX 600 index was down 0.5%, at 544.74 points, as of 0830 GMT. Other regional indexes also posted …
Read More »Oil Prices Edge Higher Amid Geopolitical Tensions and Supply Concerns
Oil prices rose modestly on Monday, extending Friday’s gains, as investors focused on the potential impact of U.S. sanctions on Russia, which could affect global oil supplies. However, gains were capped by increased Saudi output and ongoing uncertainty surrounding U.S. trade tariffs. Key Price Movements: Brent Crude rose 21 cents …
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 »Bitcoin Hits Record High Amid Growing Institutional Adoption
Bitcoin surged to an all-time high of over $121,000 during Asian trading on Monday, driven by optimism surrounding the growing adoption of the cryptocurrency by institutional investors and the highly anticipated “Crypto Week” in Washington, which began later in the day. Key Price Movements: Bitcoin last traded at $120,778.8, up …
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 Stocks Tumble as Trump’s Tariff Escalation Sparks Market Uncertainty
US stocks declined significantly on Friday, following President Donald Trump’s announcement of a 35% tariff on Canadian imports, effective August 1, citing fentanyl concerns. The Dow Jones Industrial Average fell 276 points (0.6%), the S&P 500 dropped 0.3% to 6,247 points after hitting a record high the previous day, and …
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