Market Update

The US Dollar Index (DXY), tracking the US Dollar (USD) against major currencies, faces downward pressure, trading below the key 98.00 level on Monday. Market sentiment is cautious as investors assess new geopolitical risks sparked by President Donald Trump’s weekend tariff threats against the EU and Mexico.Adding to uncertainty, reports …

Oil prices rose on Monday, hitting their highest levels in three weeks as investors focused on further U.S. sanctions on Russia, potential impacts on global oil supplies, and increased oil imports by China. The market was also buoyed by signals of tighter oil supply globally. Brent Crude and WTI Surge: …

The U.S. House of Representatives is poised to pass a landmark stablecoin regulatory bill this week, marking a significant step toward comprehensive digital assets legislation in the U.S. This move is seen as the first major crypto-related bill to reach the president’s desk and is part of a broader effort …

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 …

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 …

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 …

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 …

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 …

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 …

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. …