Ijaz
Gold hits new all-time high as Trump’s tariff threats fuel trade war fears. Fed minutes reveal concerns over inflation risks, weighing on rate-cut expectations. Traders eye US jobless claims and S&P Global Flash PMIs for further market cues. Gold prices retreated on Wednesday during the North American session after the latest Federal Reserve’s (Fed) monetary … Read more
Congressional Republicans and President Donald Trump are hurtling toward a collision over tax reform, exposing a growing ideological rift over healthcare spending that could threaten the president’s legislative agenda in its entirety. Source link
Mexican Peso slumps 0.94% as risk sentiment turns bearish on trade fears. US President Trump targets autos, pharma and computer chips with 25% tariffs. US Dollar Index hits four-day high as Fed signals caution on rate cuts. Banxico-Fed policy divergence favors further MXN weakness; traders eye Mexico Retail Sales, Banxico minutes. The Mexican Peso lost … Read more
The central bank is having a tough time gauging the impact of Trump’s plans on the economy. Source link
Loonie weakens amid Trump tariff fears, BoC rate-cut uncertainty USD/CAD stays firm above 1.4200 as risk aversion lifts US Dollar. Canada’s rising inflation may delay BoC easing, adding uncertainty. Traders await FOMC minutes for Fed’s stance on rate-cut timing. The Canadian Dollar (CAD) retreats against the US Dollar on Wednesday, with the USD/CAD pair remaining … Read more
The Trump administration says millions of Americans — some as old as 250 and beyond — are receiving benefits. Source link