Live Updates

8

Jul 2025
Canada’s Finance Minister has urged cabinet members to identify substantial spending reductions

Canada’s Finance Minister urges cabinet to find multibillion-dollar savings to support budget balance and economic stability.

8

Jul 2025
As tariff deadlines approach, the Euro weakens against the US Dollar, currently around 1.7360

EUR/USD declines as Fed rate cut odds drop; strong Dollar gains on tariffs, yield differentials, economic resilience.

8

Jul 2025
Trump imposes high tariffs on several countries, effective on August 1, unless he retreats

Trump’s new tariffs—up to 36%—target multiple countries’ exports, taking effect August 1 unless reversed.

8

Jul 2025
Amid risk aversion, the New Zealand Dollar falls against the US Dollar for three days

NZD/USD drops amid RBNZ rate anticipation, trade tensions; support at 0.5980 critical for trend direction.

8

Jul 2025
China plans to double its Southbound Bond Connect programme, enhancing offshore bond access for investors

China may double Southbound Bond Connect quota, allowing more entities to buy overseas bonds and diversify investments.

8

Jul 2025
In June, Turkey’s Treasury Cash Balance dropped to -455.106 billion from 247.125 billion

Turkey’s Treasury reported a significant June deficit of -455.106 billion, down from 247.125 billion prior.

8

Jul 2025
Trump announced new tariffs impacting multiple countries, prompting USD strength and market reactions. Gold increased

US tariffs on Japan spark USD rally; gold, oil rise; S&P 500 dips; AUD cut expected.

8

Jul 2025
Morgan Stanley predicts CAD strength, anticipating a decline in USD/CAD towards the low 1.30s

Morgan Stanley expects USD/CAD to fall, citing Canadian policy advantages, yield differentials, and economic reforms.

8

Jul 2025
As trade tensions escalate, the Australian Dollar continues to weaken against the US Dollar due to anticipated RBA rate cut

Australian Dollar declines on rate cut expectations, weaker inflation, and trade tensions boosting US Dollar demand.

8

Jul 2025
Crude oil closed at $67.93, rising 1.39% despite OPEC+’s unexpected production increase of 548,000 bpd

Crude oil rises despite OPEC+ output increase; prices remain technically strong above key moving average levels.

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