Canada will retaliate against U.S. tariffs; Carney criticizes trade ties, promises further auto tariff details.
WTI crude rises to $69.92; key resistance at $70.66, support near $69.12 and $68.28 levels.
Deutsche Bank warns declining trust in U.S. institutions may accelerate global shift away from dollar dominance.
US budget deficit to reach 7.5% of GDP by 2055; debt to hit 156% amid rising costs.
U.S. Treasury’s $44B 7-year note auction sees 4.233% yield, weak demand, higher dealer participation.
European and US markets declined; gold hit record high, bond yields rose, crude oil remained steady.
EURUSD rebounds from support, eyes resistance at 1.0797; break could target 1.0808–1.0818 and 1.08457.
NZDUSD trades in a tight range; breakout above or below key MAs could spark directional momentum.
Pending U.S. home sales rose 2.0% in February 2025, exceeding expectations but staying historically low.
Mexico to respond to U.S. tariffs; negotiations ongoing to protect auto parts and uphold free trade principles.
