Canada faces significant financial costs from tensions, while markets show mixed trends with Nasdaq rising and Dow falling.
Gold trades above $2,910, supported by a weaker US Dollar, market volatility, and potential resistance at $2,910.
Tech stocks show mixed results; Microsoft and Netflix rise, while Oracle and Apple decline, impacting sector sentiment.
Brazil’s industrial output stagnated, gold surged past $2,910, and Dogecoin dropped 46% amid market fluctuations.
US tariffs on Canadian steel and aluminium rise, impacting USDCAD trends; Canada resists amid ongoing trade tensions.
Brazil’s industrial output rose 1.4% in January, below market expectations of 2.2% growth year-on-year.
Trump doubles tariffs on Canadian steel, raising concerns. S&P 500 drops, but tariffs may be temporary.
USD/CAD declines to 1.4400 after 1.4470 high, impacted by US Dollar weakness and Trump’s tariff agenda.
Job openings reached 7.740 million, quits rose to 2.1%, and hires remained steady at 5.4 million.
GBP/USD holds near 1.2923, facing resistance at 1.2975 amid overbought signals and economic downturn concerns.
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