Live Updates

    29 March 2025
    Trade tensions between Canada and the US may ease due to recent diplomatic developments and economic realities

    President Trump signals optimism on Canada-US trade; Carney acknowledges past integration’s end, seeks beneficial new terms.

    29 March 2025
    Daly expressed diminished confidence in her forecasts after analysing the latest PCE report

    Mary Daly reevaluates rate cut predictions after unexpected PCE data shakes her economic outlook and confidence.

    29 March 2025
    Today’s stock market decline could prove beneficial, with tariffs creating heightened uncertainty and pressure mounting

    Stocks fall amid tariff concerns; S&P 500 drops 2%, Nasdaq 2.7%, highlighting ongoing market uncertainty.

    29 March 2025
    Trump is confident about tariffs on Canada, believing relations will improve with various nations

    Trump hopeful on Canada ties after Carney talk, eyes stronger alliances and less talk of 51st state.

    29 March 2025
    The oil rig count fell to 484 while gas rigs increased to 103; crude oil prices dropped

    Oil rigs decreased by 2, gas rigs increased by 1; total rig count now stands at 592.

    29 March 2025
    European indices fell today and for the week; US indices also declined near session lows

    European and U.S. markets closed lower this week, with widespread declines in indices and mixed bond yields.

    29 March 2025
    PM Carney announced Canada will impose retaliatory tariffs and discussed future negotiations with Trump

    Canada plans retaliatory tariffs; leaders promise post-election negotiations on economic, security ties after constructive call.

    29 March 2025
    The Nasdaq leads ongoing market declines, nearing a crucial support level that could heighten bearish sentiment

    NASDAQ drops 443 points; markets fall as key support level nears, signaling potential further downside risks.

    29 March 2025
    A contrasting GDP estimate from the NY Fed suggests an increase to 2.86%, differing from others

    Atlanta Fed revises GDPNow Q1 estimate down to -2.8%, while NY Fed raises its forecast to 2.86%.

    29 March 2025
    Following President Trump’s call with Carney, USDCAD declines as market concerns grow over tariffs

    Trump’s call with Canada PM Carney was productive; USDCAD nears key support at 1.4269 level.

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