Trump Administration urges countries for top tariff offers by Wednesday; key deals with allies remain elusive.
AUDUSD climbs 0.84%, breaking key moving averages; eyes resistance near 0.6500 amid bullish momentum.
Goolsbee sees positive inflation signs, minimal tariff impact, and potential rate cuts within 12–18 months.
The Bank of England studies how quantitative tightening and interest rates jointly affect economic policy effectiveness.
Oil price declines risk reduced energy production; rig count drops signal falling drilling activity and investment.
Tech stocks face volatility; healthcare shows strength. Diversify portfolios, monitor semiconductors, and maintain caution amid uncertainty.
USDCAD falls to a new 2025 low, testing key support amid bearish momentum and possible reversal signals.
US construction spending fell 0.4% in April, reflecting economic uncertainty and rising interest rate pressures.
Manufacturing PMI dips to 48.5 in May 2025, indicating continued contraction despite mixed component readings.
Canada’s manufacturing sector remains weak, with contracting output, inflation pressures, and uncertainty from tariffs and trade.
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