The U.S. maintains a 55% effective tariff rate on China, including levies on fentanyl and imports.
Canadian building permits fell 6.6% in April, driven by sharp declines in multi-family housing in British Columbia.
Trump announces China deal for rare earths and students; tariff terms unclear, markets react cautiously.
US mortgage applications surged 12.5%, rebounding strongly with gains in both refinancing and purchase activity.
Federal court upholds U.S. tariffs, extending Trump’s measures as trade deal deadline approaches with urgency.
President Trump’s Iran deal doubts spiked oil prices, highlighting the value of timely news for market advantage.
Japan reports progress in U.S. tariff talks, stressing protection of auto and agriculture industries amid negotiations.
Market reacts sharply to CPI surprises, with forecast clustering influencing expectations for Fed rate cuts.
ECB wage tracker shows declining negotiated wage growth, supporting policy strategy and lower future inflation expectations.
The ECB plans careful rate adjustments, aiming for 2% inflation amid deflationary risks and global uncertainties.
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