Market Update

U.S. stock markets delivered a dynamite performance, navigating a whirlwind of corporate earnings and trade developments with mixed results. The Dow Jones Industrial Average climbed 0.44%, bucking the trend, while the S&P 500 hovered near flat, and the Nasdaq Composite dipped 0.28%. Investors grappled with General Motors’ tariff-driven profit slump …

The US Dollar weakened further on Tuesday, July 22, 2025, dropping to two-week lows around 97.30 as risk sentiment improved despite ongoing trade uncertainties and heightened Trump-Powell tensions. This shift raises a key question—will these dynamics continue to shape currency and commodity movements into Wednesday, July 23? Here’s what to …

Canadian Prime Minister Mark Carney dropped a dynamite update on Canada’s trade strategy, navigating a high-stakes dance with U.S. President Donald Trump while keeping doors open with non-U.S. allies. As U.S. tariffs loom over Canadian industries like steel and softwood lumber, Carney emphasized a proactive approach, blending optimism for a …

US President Donald Trump has escalated his criticism of Federal Reserve Chair Jerome Powell, predicting Powell’s departure from the central bank within eight months. Speaking at a White House meeting with Philippine President Ferdinand Marcos Jr. on July 22, 2025, Trump called for lower interest rates and questioned the Fed’s …

On Tuesday, July 22, 2025, US President Donald Trump intensified his criticism of Federal Reserve Chair Jerome Powell during a meeting with Philippines President Bongbong Marcos, blaming high interest rates for housing market struggles. This latest outburst follows weeks of the White House openly challenging the Fed’s political independence, as …

Gold (XAU/USD) is climbing on Tuesday, July 22, 2025, breaking the $3,400 mark with a near 1% gain by 2:57 PM EEST, driven by escalating trade disputes and doubts over the Federal Reserve’s autonomy. This rally sparks a key question—can gold maintain its upward trajectory, or will competing assets cap …

Treasury Secretary Scott Bessent has provided insight into the ongoing trade negotiations and future economic outlook, revealing plans for upcoming announcements of trade deals. Speaking to Fox Business on Tuesday, Bessent emphasized that there is no reason for Federal Reserve Chair Jerome Powell to step down, despite increasing pressure surrounding …

European stocks faced a down day on Tuesday, with corporate earnings reports mixed and investors increasingly anxious ahead of key tariff negotiations between the U.S. and its trading partners. The Euro STOXX 600 index extended its losses, down by 0.6%, while bourses in Germany and France declined 1.1% and 0.8%, …

Bitcoin took a step back on Tuesday, leading a broader decline in cryptocurrency prices as investors cashed in on the recent stellar run-up in digital asset prices. After hitting record highs over $123,000, Bitcoin’s recent rally faced a sharp pullback, with the token dropping 1% to $117,210.3 by 01:40 ET …

Oil prices saw a slight decline on Tuesday as growing concerns over the escalating trade war between the U.S. and the European Union weighed on market sentiment, potentially curbing future fuel demand growth and affecting global economic activity. As of 0658 GMT, Brent crude futures fell by 28 cents, or …