Live Updates

    8 April 2025
    Expectations for trade have worsened, according to the Bank of Canada’s Business Outlook Survey

    Business sentiment declines sharply as Canadian firms face rising costs and anticipate recession amid US tariffs.

    8 April 2025
    Trump claims progress on tariffs, emphasising fair trade with the EU and energy purchases.

    Trump emphasized fair trade, urging the EU to buy U.S. energy and noting progress with Russia, Ukraine.

    8 April 2025
    President Trump responded to China’s tariffs by announcing a 50% increase in tariffs on Chinese goods

    Trump’s 34% China tariff spurs retaliatory measures; cumulative import taxes may exceed 100% by April.

    8 April 2025
    Crude oil dropped to $60.70, marking a decline of $1.29, amid rising economic concerns and OPEC+ actions

    Crude oil drops 2.08% to $60.70; OPEC+ supply hike and tariffs fuel economic concern.

    8 April 2025
    Amidst a volatile market, the US Dollar Index approaches 103.00 following a recent recovery

    US Dollar Index recovery falters near 103.00 amid falling yields, tariff tensions, and inflation data focus.

    7 April 2025
    The notion of refinancing US debt is misguided, as it misunderstands treasury market complexities and dynamics

    Claims of Trump’s debt strategy misunderstand Federal Reserve roles, rate impacts, and timing for refinancing benefits.

    7 April 2025
    During North American trading hours, XAG/USD rises nearly 2.4%, exceeding $30 amid dovish Fed expectations

    Silver prices rise 2.4% amid Fed rate cut hopes, tariffs, and technical chart signals suggesting volatility.

    7 April 2025
    A proposal for 25% counter-tariffs on various US imports emerged in response to US steel measures.

    EU proposes 25% tariffs on US goods, excluding bourbon—possibly due to political or strategic considerations.

    7 April 2025
    The Pound Sterling experiences a minor decline, dropping close to 1.2800 against the US Dollar

    Pound Sterling hits one-month low near 1.2800 as US Dollar strengthens, amid shifting rate expectations.

    7 April 2025
    The Pound Sterling experiences a slight decline of 0.2% against the USD among G10 currencies

    GBP weakens amid tariff tensions; BoE expectations shift, with bearish momentum pushing GBP/USD toward 1.27s.

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