Market Update

The Canadian dollar’s recent retreat from a five-month high against the U.S. dollar signals a market on edge, with all eyes on the Bank of Canada’s upcoming interest rate decision. After a 0.1% dip to 1.3875 per U.S. dollar, driven partly by a 0.6% drop in oil prices to $61.15 …

As global markets brace for the impact of proposed U.S. tariffs under President Donald Trump’s administration, an unexpected player has emerged as a beacon of stability: the euro. Investors, rattled by the uncertainty of trade disruptions, are increasingly turning to the European currency, traditionally overshadowed by the U.S. dollar in …

Bank of America Shines in Q1 2025 Despite Economic HeadwindsBank of America (BAC) launched the 2025 earnings season with a standout first-quarter performance, exceeding Wall Street forecasts even as economic uncertainties loomed large. Announced on April 15, 2025, the bank reported a net income of $7.4 billion, a 11% increase …

Bitcoin rose over 1% on Tuesday, rebounding from muted movement in the prior session as investor sentiment improved following U.S. President Donald Trump’s remarks about pausing auto import tariffs. Speculative momentum also grew on reports that the U.S. government may use tariff revenue to buy Bitcoin and bolster strategic crypto …

The U.S. dollar continued to drift lower on Tuesday, hovering close to its recent three-year low, as investor sentiment remains rattled by the Trump administration’s inconsistent and evolving trade policies. As of 04:45 ET (08:45 GMT): The Dollar Index (DXY) fell slightly to 99.395, just shy of last week’s low …

European equity markets mostly advanced on Tuesday, extending a cautious rebound as investors weighed corporate earnings, moderate economic data, and a glimmer of hope for relief from U.S. trade tariffs. As of 03:15 ET (07:15 GMT): Germany’s DAX rose 1.3% U.K.’s FTSE 100 gained 0.7% France’s CAC 40 edged 0.1% …

Gold prices dipped modestly in Asian trading on Tuesday, but remained within striking distance of record highs, as safe-haven demand held firm amid ongoing U.S.-China trade tensions and growing fears of a global economic slowdown. As of 01:51 ET (05:51 GMT): Spot gold was down 0.4% at $3,224.60 per ounce …

The crypto market’s 2% dip to $2.8 trillion on Monday belies a broader story of resilience, with Bitcoin clawing its way above $85,100 after a 15% surge from last week’s $74,500 low. Solana and Ethereum are riding bullish waves, and U.S. spot Bitcoin ETF outflows are slowing, hinting at renewed …

The U.S. dollar’s slide into a fourth week of losses underscores a shifting global landscape, with investors buoyed by easing U.S.-China trade tensions and a brighter risk appetite. As attention turns to the Reserve Bank of Australia’s (RBA) latest meeting minutes and the UK’s labor market report, these releases promise …

Gold prices slipped at the start of Monday’s trading session, driven by renewed investor interest in US Treasury bonds, which saw increased demand at the beginning of the new week. This resurgence follows a period of waning confidence in bonds as one of the safest assets in global financial markets.Futures …