Market Update

As investors turn their attention to Washington’s tariff negotiations next week, the expiration of a temporary suspension on punitive import levies looms large. With the July 9 deadline for reaching trade deals approaching, investors are keenly watching to see if trade tensions will escalate or ease. If the deadline passes …

European stocks ended the week on a negative note, slipping lower on Friday as uncertainty grew over the looming U.S. trade tariffs deadline set by President Donald Trump. With U.S. markets closed for the Independence Day holiday, trading activity was muted, and European investors remained cautious about the potential fallout …

Bitcoin prices steadied on Friday after a sharp reversal of recent gains, as traders focused on the impending rollout of U.S. President Donald Trump’s trade tariffs and the ongoing uncertainty surrounding interest rate cuts. Despite the earlier optimism, the market remains cautious ahead of the U.S. Independence Day holiday and …

Oil futures fell on Friday as market participants reacted to ongoing geopolitical developments and expectations for increased production by major oil producers. Brent crude futures were down 22 cents, or 0.32%, to $68.58 a barrel by 0445 GMT, while U.S. West Texas Intermediate crude fell 12 cents, or 0.18%, to …

Gold prices rose slightly in Asian trading on Friday, recovering from the previous session’s losses. The precious metal remained on track for a weekly increase, fueled by concerns over the U.S. fiscal deficit and impending decisions regarding tariff rates from Washington. Spot Gold rose 0.5% to $3,341.34 an ounce, while …

U.S. President Donald Trump confirmed on Thursday that the U.S. will begin sending out letters to major global economies by Friday, detailing the specific tariff rates their exports will face when entering the U.S. market. The announcement marks a decisive move towards implementing the tariffs after a 90-day pause which …

The US session on July 4, 2025, is expected to be subdued due to the Independence Day holiday, with US markets closed. However, forex and commodity markets remain active, influenced by several key factors. These include stronger-than-expected US Nonfarm Payrolls (NFP) data for June, which showed a gain of 147,000 …

As the July 9, 2025, deadline for President Donald Trump’s “reciprocal” tariffs rapidly approaches, the global trade landscape is buzzing with speculation. Will Trump extend the deadline, and which nations are on the verge of striking framework agreements to avoid significant tariff hikes? Investors and traders are closely monitoring developments, …

The Canadian Dollar climbed against the U.S. Dollar, pushing the USD/CAD pair toward multi-month lows below 1.3540, driven by a robust U.S. Nonfarm Payrolls (NFP) report showing 147,000 jobs added in June, surpassing forecasts of 106,000. This strong data, coupled with renewed market risk appetite, weakened the USD while bolstering …

Wall Street surged, with the S&P 500 up 0.83%, Nasdaq up 1.02%, and Dow Jones Industrial Average up 0.77% to 44,800, following a U.S. Nonfarm Payrolls (NFP) report showing 147,000 jobs added in June, exceeding forecasts of 106,000. President Donald Trump’s escalating pressure on Federal Reserve Chair Jerome Powell, including …