The EUR/JPY currency pair is holding steady as investors shift their focus to a crucial upcoming geopolitical event. On Friday, U.S. President Donald Trump announced that he will meet with Russian President Vladimir Putin in Alaska on August 15 to discuss a potential end to the ongoing conflict in Ukraine. …
Read More »Wall Street Eyes New Heights Amid Inflation Watch and Tariff Talks
US stock markets held steady as investors anticipated key economic data and navigated evolving trade policies. The Dow Jones Industrial Average dipped slightly by 0.3%, while the S&P 500 and Nasdaq Composite edged up by 0.2% and 0.3%, respectively, both poised for potential record-breaking closes. This followed a strong week …
Read More »US Inflation Fears Weigh on Canadian Dollar
The Canadian Dollar (CAD) is taking a step back against the US Dollar (USD) as markets grow cautious ahead of a crucial US inflation report. With a light economic calendar on the Canadian side, the Greenback is in the driver’s seat, fueled by market anticipation and a general move toward …
Read More »US and China Approach Trade Truce
The United States and China are likely to extend their current tariff truce, which is set to expire this week. The move could pave the way for a more comprehensive trade deal to be finalized at the Asia-Pacific Economic Cooperation (APEC) summit in South Korea at the end of October. …
Read More »U.S. Stock Futures Hold Steady as Investors Prepare for Key Week Amid Trade Policy and Tariff Uncertainty
U.S. stock index futures were largely unchanged on Monday as investors braced for a busy week ahead, with major semiconductor companies facing uncertainty due to the latest developments in U.S.-China trade policy. Semiconductor giants Nvidia (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD) were both in the red, with Nvidia …
Read More »Bitcoin and Ether Surge as U.S. Crypto-Friendly Move Boosts Markets
Bitcoin extended its strong rebound on Monday, climbing 3.4% to $122,084.1 by 01:00 ET (05:00 GMT), staying within reach of its mid-July record high of over $123,000. The surge follows significant momentum from the latter part of last week, fueled by U.S. President Donald Trump’s executive order, which allowed retirement …
Read More »U.S. Dollar Holds Steady Ahead of Tariff Deal Deadline and Inflation Report
The U.S. dollar remained relatively unchanged on Monday as investors awaited crucial events set to shape market expectations in the coming days. With Tuesday’s deadline looming for Washington and Beijing to finalize a tariff deal, alongside a key U.S. inflation report, the currency remains in a holding pattern ahead of …
Read More »European Shares Rise Amid Optimism Over Potential Ukraine Peace Deal
European stocks extended their gains on Monday, maintaining strong momentum from the previous week. Investors are buoyed by growing optimism over a potential peace agreement in Ukraine, while also shifting their focus towards upcoming U.S. inflation data and tariff negotiations set for later in the week. The pan-European STOXX 600 …
Read More »Gold Prices Decline Ahead of U.S. Inflation Data and Tariff Clarity
Gold prices saw a decline in Asian trade on Monday, as investors awaited key inflation data from the U.S. and sought clarity from the White House on upcoming tariff rulings affecting bullion bars. Gold Prices Dip Amid Market Uncertainty: Spot Gold: Spot gold fell 0.7%, reaching $3,376.24 an ounce. Gold …
Read More »Oil Prices Decline Amid U.S.-Russia Talks and Weak Chinese Inflation Data
Oil prices continued their downward trajectory in Asian trading on Monday, extending the sharp declines observed last week. Investors are closely watching the upcoming U.S.-Russia summit, while concerns about demand persist amid weak economic data from top oil importer China. Key Drivers of Oil Price Decline: U.S.-Russia Summit and Tariff …
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