Gold Price Volatility Stabilizes as Trump Tariffs Reach Their Limit
Stock image. Gold’s extreme price dislocations are fading as tightness in the physical market eases, indicating a rush to ship bullion to America may have run its course. US prices surged above international benchmarks in recent months amid fears gold could be included in President Donald Trump’s sweeping tariff measures. The price differential between New […]
US-Canada Tariff Disputes Shaking Financial Markets
The S&P/TSX Composite Index losses in afternoon trading, recovering from a 2% decline in the morning of March 04 as sweeping new US tariffs on Canada took effect. The broad-based declines were driven by energy and tech stocks with the S&P/TSX Capped Energy Index and the S&P/TSX Capped Information Technology Index opening lower, extending their […]
Is a Stock Market Rotation in Progress? How Long Will It Continue?
The big rally in the stock market may have stalled, but there’s been lots of churn under the surface. The Morningstar US Market Index has slipped into the red this year, falling 0.25% since the beginning of January. Technology stocks, which were far and away the largest contributor to the big bull market in 2023 […]
Electrovaya Receives Additional US$4.2 Million Battery Order for Existing Cold Storage Operator
Electrovaya Inc. has received a repeat purchase order valued at approximately US$4.2 million from a large cold storage logistics operator in the U.S., which already utilizes Electrovaya’s Infinity Battery Technology across six facilities. This company plans to expand its use of Electrovaya batteries for both existing operations and new construction. Dr. Jeremy Dang, Vice President […]
USD/CAD Targets Breakout Ahead of Tariff Deadline
USD/CAD Eyes Breakout as Tariff Deadline Approaches ● The US Dollar’s recovery on tariff talk is causing the USD/CAD pair to bounce.● The main events to watch out for this week are the US PCE data and Canadian GDP for Q4.● A close above 1.43100 on the daily candle chart would signal a structural shift […]
Stocks and Canadian Dollar Plummet as Trump Doubles Down…
US President Donald Trump said he intended to proceed with 25% tariffs on Canadian good after the monthlong pause lapses midnight tonight. “With no reprieve seemingly forthcoming, Canada must brace for the immediate impact of U.S. tariffs,” warns Eric Lascelles, chief economist at RBC Global Asset Management. Retaliatory tariffs by Canada are a certainty, alongside […]
Texas Oil and Natural Gas Sector Sets New Production Milestones
Texas Oil and Natural Gas Industry Breaks New Production Records According to TIPRO, the industry supported over 2 million direct jobs in the U.S. last year, with total direct and indirect jobs tied to the industry reaching nearly 23 million. Image for illustration purposes Texas Border Business – Advertisement – AUSTIN, Texas – The Texas Independent […]
Dow, S&P 500, Nasdaq Futures Fluctuate as Trump Tariff Decisions Loom and Bitcoin, Crypto Prices Surge
Dow, S&P 500, Nasdaq futures waver ahead of Trump tariff moves as bitcoin, crypto surge US stock futures crept down in overnight trading on Sunday as uncertainty persisted regarding President Donald Trump’s plans to impose tariffs on major U.S. trading partners this week. S&P 500 futures (ES=F) trickled down 0.1%. Nasdaq futures (NQ=F) saw a […]
Weekly Market Outlook: Focus on Tariffs, NFP, and ECB Meeting
Markets Weekly Outlook – Tariffs, NFP and ECB Meeting on the Agenda Read More: Japanese yen declines as Tokyo Core CPI eases Week in Review: Tariff Chatter Continues to Drive Market Moves Markets have been through another week where tariffs have been the driving force behind market moves. The PCE data which I had thought […]
Gold-Backed ETFs in China Attract Inflows as Metal Leads the Charge
Stock image. Gold-backed exchange-traded funds in China — the largest bullion market — are swelling as the metal sets records, investors seek alternative assets, and local rules are tweaked to allow greater access. Onshore fund holdings increased by 17.7 tons in the first three weeks of February, close to the monthly record inflow of 20.9 […]