During a public meeting with Ireland’s Prime Minister, Micheál Martin, United States President Donald Trump addressed a range of topics, including trade policies, international relations, and economic strategies. His remarks reflected his characteristic approach to addressing contentious issues, particularly in the realm of trade.President Trump criticized the European Union (EU) …
Read More »Mark Carney Takes the Helm: Canada’s New PM Faces Trump and Global Trade Challenges
Newly-appointed Canadian Prime Minister Mark Carney officially assumed office on Friday morning, suc…
Oil Gains Amidst Geopolitical Tempest and Shifting Demand Forecasts
Despite a week dominated by fluctuating geopolitical tensions and evolving economic forecasts, oil p…
Fresh Deadline Drama: Senate Poised to Avert Shutdown
Funding Bill on the Brink of PassageThe Senate is set for a pivotal test vote this afternoon on the …
PPI Shadowed: GBP/USD Wobbles Amid GDP Shock and Surging US Inflation Fears
The Pound Sterling (GBP) faced renewed pressure against the US Dollar (USD) this week, with GBP/USD …
Changpeng Zhao Denies Ties of Trump Family Ties and Binance Amid Controversy
Changpeng Zhao (CZ), the founder and former CEO of Binance, the globe’s largest cryptocurrency…
Gold Shatters $3,000 Barrier: Historic Safe-Haven Surge Amid Global Uncertainty
In a landmark moment, gold prices surged past the $3,000 per ounce threshold on Friday, marking an a…
Bristol Myers Squibb Gains Expanded EU Approval for CAR-T Therapy Breyanzi
The European Commission has granted Bristol Myers Squibb (NYSE: BMY) an expanded approval for its CA…
Forex Market Overview: Yen Weakens, Pound Slips, Dollar Recovers
The Japanese yen weakened on Friday after concluding union wage negotiations, while the British poun…
Oil Prices Rebound as Ukraine Conflict Persists, Trade War Concerns Loom
Oil prices bounced back on Friday, recovering some of the previous session’s losses, as the Uk…
Gold Prices Hold Near Record Highs Amid Trade Tensions, Rate Cut Expectations
Gold prices remained steady at all-time highs in Asian trading on Friday, driven by escalating U.S.-…
Market Analysis
March, 2025
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12 March 2025 8:19 pm
Dollar Holds Steady Despite Softer Inflation, Geopolitical Tensions Loom
The US Dollar remained surprisingly stable on Wednesday, defying expectations of a significant drop following the release of February’s Consumer Price Index (CPI). While the data revealed a slower pace of inflation than anticipated, traders appeared to largely shrug off the news, maintaining the dollar’s position in the mid-103.00 range …
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12 March 2025 7:21 pm
BoC Governor Macklem Highlights Neutral Rate Estimate Amid Trade Policy Uncertainty
On March 12, 2025, the Bank of Canada (BoC) Governor, Tiff Macklem, addressed the central bank’s policy direction during a press conference following the decision to lower its policy rate by 25 basis points, bringing it to 2.75%. Governor Macklem also responded to questions from the media, elaborating on the …
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12 March 2025 4:40 pm
U.S. Inflation Cools in February, Easing Pressure on the Fed
U.S. consumer prices rose at a slower-than-expected pace in February, signaling a potential cooling in inflation that could influence the Federal Reserve’s monetary policy decisions. According to government data released on Wednesday, the headline Consumer Price Index (CPI) increased by 2.8% year-over-year, down from 3.0% in January. On a monthly …
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12 March 2025 1:59 pm
European Stocks Rise as EU Announces Retaliatory Tariffs on U.S. Imports
European stock markets opened higher on Wednesday as investors reacted to the European Union’s decision to impose retaliatory tariffs on U.S. imports worth up to €26 billion. Market sentiment was also boosted by the U.S. decision to resume intelligence sharing and military aid to Ukraine after Kyiv expressed support for …
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12 March 2025 12:22 pm
Gold Prices Steady as Markets Await U.S. Inflation Data
Gold prices remained steady in Asian trading on Wednesday, as investors exercised caution ahead of a key U.S. inflation report. The metal continued to find support from its safe-haven appeal amid ongoing volatility surrounding President Donald Trump’s shifting tariff policies. Spot gold held at $2,911.17 per ounce, while gold futures …
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12 March 2025 11:59 am
Asian Markets Mixed Amid Tariff Uncertainty and Tech Rebound
Asian equities exhibited a mixed performance on Wednesday, as markets reacted to renewed uncertainty over U.S. President Donald Trump’s shifting trade policies. Losses were led by stocks in Australia and Malaysia, while South Korean shares rebounded, buoyed by modest gains in U.S. tech giants. The backdrop to the market action …
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12 March 2025 12:54 am
Sterling Continues to Surge on Weaker US Dollar
The British pound has continued its upward trajectory since the start of trading on Tuesday, bolstered by a weakening US dollar, which has been further impacted by US President Donald Trump’s trade policies and recent developments in that area. Sterling/dollar rose to 1.2959, compared to the previous day’s close of …
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12 March 2025 12:22 am
“Trump’s Tariff Tango: Backtracks, Ceasefire Hopes, and Economic Optimism
In a whirlwind of announcements, former U.S. President Donald Trump has stirred both domestic and international attention. Within hours of declaring on his Truth Social account a plan to impose a 50% double tariff on Canadian steel and aluminum, Trump appeared to backtrack. Facing pressure from market reactions and his …
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11 March 2025 11:30 pm
Market Drivers – US Session: US Dollar Faces Persistent Pressure Amid Recession Concerns
Tuesday saw no relief for the US Dollar as it continued to face significant downward pressure, with its value plunging to levels not seen since early October. The Greenback’s decline comes amid mounting concerns over tariffs and fears of a potential US economic slowdown.On Wednesday, March 12, the US Dollar …
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11 March 2025 10:27 pm
Oil Edges Higher on Weaker Dollar, But Recession and Tariff Fears Weigh
Crude oil prices edged slightly higher on Tuesday, buoyed by a weaker dollar, but gains were restrained by persistent concerns about a U.S. economic slowdown and the impact of escalating tariffs on global trade.Brent crude futures settled 28 cents, or 0.4%, higher at $69.56 a barrel after dipping to $68.63 …
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11 March 2025 9:15 pm
US stocks continue to decline after new Trump tariffs
US stocks have been under intense pressure since US President Donald Trump announced on Tuesday that he was considering imposing additional tariffs of 50% on US steel and aluminum imports from Canada, which are scheduled to take effect next Wednesday.This tariff comes as part of an escalation against the Ontario …
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11 March 2025 8:00 pm
Bank of Canada on Edge: Trade War Sparks Rate Cut Predictions
Trade Tensions Force Bank of Canada to Consider Deeper Rate CutsThe Bank of Canada is facing mounting pressure to aggressively lower its policy interest rate in response to escalating trade tensions with the United States. Economists widely anticipate the central bank will initiate a series of cuts, potentially starting with …
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