Canadian inflation rises; USD weakens, boosting EUR and gold; Bitcoin holds; China sees mixed economic signals.
USD softens amid holiday lull; AUD drops post-RBA cut; risk sentiment favors EUR; global equities mixed.
Flexible Solutions missed earnings expectations as revenue and product sales declined, but cash reserves and shares rose.
Australian Dollar weakens to 0.6408 after RBA rate cut, global uncertainties, and weaker US Dollar support.
Gold rebounds amid credit downgrade, Trump’s geopolitical stance, and Fed’s cautious economic outlook spurring volatility.
Pound Sterling rises on UK-EU reset, US debt downgrade, China tensions, and anticipated UK inflation data.
USD expected to trade within 7.1850–7.2450 range; momentum weak, resistance at 7.2330 holds.
Electric vehicle sales surge globally, led by China; projected to reach 20 million units sold this year.
China boosts oil inventories amid low prices, despite declining refinery activity and weakened apparent oil demand.
NZD expected to trade between 0.5900–0.5950 short term; broader 0.5835–0.5985 range long term.
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