US manufacturing PMI rises to 50.3 in March; production dips, optimism wanes amid tariff concerns.
Canada’s manufacturing shrinks, gold stays strong, bitcoin dips, and recession fears grow amid looming tariffs.
OPEC+ members to meet Thursday to discuss potential voluntary and compensatory oil production cuts.
Gold prices spike past $3,100 amid tariff concerns, inflation fears, and stable Fed policy delaying rate cuts.
Canada’s manufacturing PMI falls to 46.3 in March, signaling contraction, rising costs, and reduced outlook.
GBP holds steady amid contractionary PMI and BoE’s focus on inflation, trades within established short-term range.
USDCAD gains strength, breaking key averages; buyers target 1.4448–1.4471 resistance amid bullish momentum.
Euro dips 0.2% as manufacturing PMI misses; ECB rate pause expected, consolidating near 1.08 level.
CAD remains stable near 1.44 as traders await US tariff news and global trade impacts unfold.
USDCHF faltered after peaking at 0.8855; a decline followed amid resistance at 0.8862 and moving averages.
