Market Update

Friday’s Announcement Sends Shockwaves Through Global TradeOn September 25, the United States unleashed a fresh wave of tariffs that sent ripples across global markets. Targeting pharmaceuticals, heavy trucks, furniture, and cabinetry, the new measures are far from subtle. Branded or patented drugs now face a staggering 100% tariff unless companies …

Bitcoin’s infamous “Red September” curse struck with vengeance in 2025, turning what promised to be a banner month into a bloodbath. As of September 27, the world’s premier cryptocurrency clawed its way back to $109,421, up a modest 0.37% on the day but still nursing wounds from a brutal weekly …

The Canadian Dollar (CAD) managed to pump the brakes on its sharp descent against the US Dollar (USD) to close the week, but the respite was limited. Despite cooling its bearish momentum on Friday, the Loonie still touched fresh 18-week intraday lows, confirming its position on the weak side of …

Wall Street ended the week on a positive note after fresh U.S. inflation data reassured investors and calmed fears of runaway price growth. The latest figures showed consumer spending rising slightly more than forecast in August, while the inflation rate ticked up to 2.7% from 2.6% in July — exactly …

Gold prices are not just advancing—they are soaring to new heights, hitting $3,778.85 per ounce and solidifying a massive multi-month rally. This surge is powered by intense speculation that the Federal Reserve will continue to cut interest rates, a bet reinforced by the latest inflation data and signals of a …

The benchmark U.S. 10-year Treasury yield inched slightly higher on Friday, rising by 0.009 points to 4.185%, a gain of 0.22%. The move comes in the wake of inflation data that landed exactly in line with expectations, giving markets reassurance that the Federal Reserve’s gradual approach to monetary easing remains …

The Japanese Yen gained ground against the U.S. Dollar on Friday, halting a two-day surge that had driven the dollar to its highest level in nearly two months. By mid-session, the USD/JPY pair was hovering around 149.50, with the dollar losing steam as traders weighed fresh inflation data alongside renewed …

The specter of new tariffs has sent ripples through the healthcare sector, directly impacting asset performance and creating a clear divide between potential stock market winners and losers. This market volatility is a response to two concurrent national security investigations launched by the US government, targeting imported medical devices and …

Canada’s real GDP rose 0.2% in July, exceeding forecasts and reversing June’s 0.1% drop, Statistics Canada reported. The rebound follows an annualized 1.6% contraction in Q2 as analysts watch for signs of recession. Key drivers of July’s growth: Goods-producing industries led the gain with a 0.6% increase after three months …

Trump’s Tariff Shockwaves: Pharma, Trucks, and Global Trade on Edge U.S. President Donald Trump announced sweeping new tariffs on Thursday, with headline measures including 100% duties on branded pharmaceuticals and 25% levies on heavy-duty trucks, set to take effect next week. The move adds to an already aggressive trade policy …