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.
Central banks to cut rates; key jobs data and trade uncertainty with China impact global economic outlook.
Dollar weakens amid trade tensions; euro, yen gain. Gold, oil rise; European equities, S&P futures fall.
Most economists foresee two BoC rate cuts, but markets expect only one amid rising inflation concerns.
EU and US trade officials to meet in Paris, aiming to address outstanding transatlantic trade issues.
EU, US trade talks intensify as tariff threats loom; EU prepares countermeasures if no deal by July.
US futures dip as tech leads losses; trade tensions and tariff threats weigh on market sentiment.
Insights 
VT 
