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Forex
US President Donald Trump initiates trade war, signing order hitting Canada, Mexico and China
On Saturday, Canada was notified that the United States will place 25% tariffs on Canada and Mexico while China will be hit with 10% tariffs. Canadian energy…
Week’s top three trades: Nasdaq100
Nasdaq100 (NQ) edged lower Friday after strongly reversing from the intraday high in the US afternoon. With the lower January low and high vs the December low…
Chevron stock sinks on slight Q4 profit miss, refining losses
CVX stock shot more than 4% lower on Friday following Q4 earnings.
The oil major bested Wall Street on Q4 revenue prediction but missed on EPS.
Chevron…
Dow Jones Industrial Average sinks amid renewed tariff threats
The Dow Jones tumbled around 340 points on Friday.
According to the White House, reports of a delay in tariffs is false.
US PCE inflation met expectations,…
US President Donald Trump: I will impose tariffs on the EU
United States (US) President Donald Trump spoke with reporters late on Friday, further amending statements made by his own White House personnel which were…
Gold hovers near all-time highs as tariff confusion sparks market jitters
Gold sustains gains, trading at $2,797, as White House clarifies tariff timeline confusion.
Revised tariff announcements lead to brief dip in Gold with…
Australian Dollar defends its ground despite tariffs-related cautious market mood
AUD/USD hovers above 0.6200, defending mild bids amid US tariff concerns and weak Chinese data.
US PCE data showed no surprises, Fed remains cautious.
RBA…
EUR softer as spreads widen – Scotiabank
The ECB cut its policy rate 25bps Thursday, as expected, Scotiabank's Chief FX Strategist Shaun Osborne notes. EUR is trading softer following this week’s…
GBP/USD support noted around 1.2390/95 – Scotiabank
The Pound Sterling (GBP) is little changed on the session after dropping back against the USD in late trade yesterday, Scotiabank's Chief FX Strategist Shaun…
Breaking: US core PCE inflation holds steady at 2.8% in December as expected
Inflation in the US, as measured by the change in the Personal Consumption Expenditures (PCE) Price Index, edged higher to 2.6% on a yearly basis in December…