The July 9 tariff deadline has come and gone and market participants are still left with a lot of questions. Trade deals have begun to filter through but the majority of countries are still locked in negotiations with the US as the tariff implementation date of August 1 beckons.
Fri, 11 Jul 2025 21:33:35 -0400
We expect it is likely too early to see a significant increase in prices due to tariffs in Canadian and U.S. inflation data for June on Tuesday.
Fri, 11 Jul 2025 21:14:25 -0400
Copper futures are trading near $5.50 per pound on Friday, slipping from Tuesday's high of $5.70 on the daily timeframe. Despite the modest decline, prices remain 10% higher than Monday's close, underscoring persistent concerns over supply disruptions tied to incoming United States (US) trade tariffs.
Fri, 11 Jul 2025 17:29:03 -0400
Bill Pulte, the Trump-selected Director of the Federal Housing Finance Agency and former chairman of Fannie May and Freddie Mac, nodded to entirely-uncomfirmed reports that Federal Reserve (Fed) Chair Jerome Powell may be considering resigning from his post as the head of the Fed.
Fri, 11 Jul 2025 16:37:15 -0400
With resistance holding at the 200-Day MA, natural gas remains vulnerable to further downside, potentially targeting the $2.76–$2.80 zone before stabilizing. But higher targets may also apply.
Fri, 11 Jul 2025 16:32:43 -0400
In an interview with the Wall Street Journal, Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee warned that ongoing trade policy at the hands of Trump's constant tariff threats could hamper the ability of the Fed to deliver interest rate cuts that both the broader market and Donald Trump himself want to see.
Fri, 11 Jul 2025 16:24:41 -0400
The Canadian Dollar (CAD) tested lower ground against the US Dollar (USD) on Friday, shedding weight despite Canadian labor data figures outperforming median market forecasts by a sizeable margin, kicking back economic downturn concerns and forcing rate watchers to trim their bets of another Bank of Canada (BoC) rate cut at the next interest rate meeting.
Fri, 11 Jul 2025 16:18:56 -0400
United Kingdom CFTC GBP NC Net Positions increased to £33.2K from previous £31.4K
Fri, 11 Jul 2025 15:31:57 -0400
Japan CFTC JPY NC Net Positions down to ¥116.2K from previous ¥127.3K
Fri, 11 Jul 2025 15:31:42 -0400
United States CFTC Oil NC Net Positions fell from previous 234.7K to 209.4K
Fri, 11 Jul 2025 15:31:37 -0400
Eurozone CFTC EUR NC Net Positions increased to €120.6K from previous €107.5K
Fri, 11 Jul 2025 15:31:32 -0400
Australia CFTC AUD NC Net Positions down to $-74.3K from previous $-70.1K
Fri, 11 Jul 2025 15:31:17 -0400
The US Dollar gains strength on Friday, supported by renewed tariff threats from US President Donald Trump, which have reignited global trade tensions and sparked a new wave of risk aversion. As tensions escalate, investors are becoming increasingly cautious, favoring the Greenback's status as a safe haven.
Fri, 11 Jul 2025 14:38:31 -0400
United States Monthly Budget Statement registered at $27B above expectations ($-11B) in June
Fri, 11 Jul 2025 14:00:35 -0400
West Texas Intermediate (WTI) Crude Oil prices are holding firm above $67.00 on Friday as traders digest a shift in the fundamental landscape.
Fri, 11 Jul 2025 13:48:07 -0400
United States Baker Hughes US Oil Rig Count: 424 vs previous 425
Fri, 11 Jul 2025 13:03:10 -0400
Argentina's monthly inflation likely ticked up to 1.9% in June, according to the median forecast of a Reuters poll, after May's rise marked the lowest monthly increase since 2020.
Fri, 11 Jul 2025 13:00:56 -0400
The major European indices are ending the week today with moves to the downside. However, for the week, share prices are higher.
Fri, 11 Jul 2025 12:18:24 -0400
Russia Consumer Price Index (MoM): 0.2% (June) vs previous 0.43%
Fri, 11 Jul 2025 12:00:43 -0400
The natural gas market initially fell this past week, only to turn around and recover. That being said, there is a lot of resistance just above, and it could cause a bit of an issue at this point.
Fri, 11 Jul 2025 11:07:30 -0400