Monthly Archives: August 2025
Carney announced Canada will offer C$700 million in loan guarantees to support the lumber sector
Written on August 5, 2025 at 6:27 pm, by
Canada commits C$1.2 billion to support its lumber industry and reduce reliance on U.S. exports.
The NZDUSD tests critical support levels while failing to break below the 38.2% retracement level
Written on August 5, 2025 at 6:26 pm, by
NZDUSD holds above key support at 0.5877; buyers need momentum to challenge resistance and shift bias.
To optimise taxes without breaching the Wash Sale rule, investors often consider tax-loss harvesting strategies
Written on August 5, 2025 at 6:18 pm, by
Avoid Wash Sale pitfalls in IRAs to preserve tax deductions and enhance long-term retirement tax strategies.
The trade balance for the United States was $-60.2B, exceeding predictions of $-61.6B
Written on August 5, 2025 at 6:17 pm, by
US Dollar weakens; EUR/USD and GBP/USD rise. Gold steady; DeFi grows as investors pivot from Bitcoin.
In June, Canada saw its imports rise to $67.6 billion, increasing from $66.66 billion
Written on August 5, 2025 at 5:48 pm, by
Canada’s imports rise, US Dollar weakens, boosting EUR/USD and GBP/USD; Gold dips; crypto interest surges.
In June, Canada reported exports of $61.74 billion, increasing from $60.81 billion previously
Written on August 5, 2025 at 5:47 pm, by
Canada’s exports grow, US Dollar weakens, DeFi sector rises, and Eurozone shows economic resilience and stability.
A $58 billion auction of 3-year notes yielded 3.669%, revealing weaker foreign demand and dealer commitment
Written on August 5, 2025 at 5:26 pm, by
U.S. Treasury sells $58B in 3-year notes at 3.669% yield; demand metrics mixed versus averages.
In June, Canada’s merchandise trade deficit was $5.86 billion, surpassing forecasts of $5.8 billion
Written on August 5, 2025 at 5:17 pm, by
Canada’s trade deficit widened; euro and pound rose on dollar weakness; gold steady; DeFi regains traction.
Investors are currently watching the Bank of England’s policy announcement, causing the Pound’s fluctuations against the Dollar
Written on August 5, 2025 at 5:16 pm, by
Pound Sterling holds steady as markets await Bank of England’s expected rate cut amid policy shift.
Russia is considering Ukraine’s air truce proposal while Trump pressures oil-importing nations for economic impact
Written on August 5, 2025 at 4:57 pm, by
Russia weighs Ukraine truce; Trump pushes oil pressure, warns tariffs; Netanyahu eyes full Gaza occupation.
