Monthly Archives: July 2025
Following US tariffs, Copper prices surged on Comex, reaching nearly 590 cents per pound
Written on July 11, 2025 at 10:13 pm, by
Trump’s Copper tariffs spark market turmoil: US prices surge, imports threatened, global impacts ripple through metals.
The GBPUSD has declined due to poor UK data, US dollar strength, and global growth concerns
Written on July 11, 2025 at 9:49 pm, by
GBPUSD weakens on UK data, strong dollar; technical levels suggest pivotal support at 1.3495, resistance at 1.3529.
Commerzbank’s Carsten Fritsch observes that Gold ETFs experienced their highest inflows since 2020 this year
Written on July 11, 2025 at 9:43 pm, by
Gold ETFs surged by 397 tons amid trade policy uncertainty, boosting prices before fluctuating later.
Trump’s impending tariff letter to Von Der Leyen has traders closely monitoring the euro’s response
Written on July 11, 2025 at 9:19 pm, by
Trump’s expected tariff letter to Von Der Leyen may impact the euro, though reactions could vary.
According to Commerzbank, oil production by OPEC+ will remain unchanged after September, Bloomberg reports
Written on July 11, 2025 at 9:13 pm, by
OPEC+ to raise output by 550,000 barrels in September; market uncertainty tempers future decisions.
After strong Canadian employment data, USDCAD decreased but subsequently recovered near support level
Written on July 11, 2025 at 8:48 pm, by
Canada’s job market surged in June, lowering unemployment and strengthening the loonie; wages declined slightly.
Building permits in Canada saw a rise, mainly due to a significant hospital project in Ontario
Written on July 11, 2025 at 8:18 pm, by
Canadian building permits surged 12% in May, driven by Ontario’s hospital project and British Columbia housing.
The USD strengthens as inflation risks rise, impacting the GBP, EUR, JPY, and US stocks
Written on July 11, 2025 at 7:49 pm, by
USD strengthens broadly; GBP falls on weak UK data; tariffs unsettle markets; Fed, ECB cautious on policy.
The AUDUSD challenges its upper trendline as attention shifts towards upcoming US CPI data and dynamics
Written on July 11, 2025 at 6:49 pm, by
USD stable as traders assess rate cuts; CPI report key for future moves; AUD eyes RBA and CPI.
EU’s Kallas stated no conclusions reached in US tariff discussions, emphasising a desire to avoid conflict
Written on July 11, 2025 at 6:18 pm, by
EU seeks to avoid trade war with US, focusing on negotiations amid expected 10% tariff rate.
