Author admin
Trump says he just spoke with Trudeau and they will speak again at 3 pm ET
The comments from Kevin Hassett today indicated some optimism about a deal, or at least a path to a deal. Here is what Trump wrote on Truth Social: Canada doesn’t even allow U.S. Banks to open or do business there. What’s that all about? Many such things, but…
Read MoreFull transcript: What Kevin Hassett said today on CNBC on tariffs
The impression from the interview with White House Director of the National Economic Council today on CNBC was that there is a path to avoiding tariffs scheduled to go into effect on Tuesday. He talked about meetings that will happen today and sounded like someone trying to make…
Read MoreUSDCAD runs to a 22-year high on tariff news and backs off. What next technically.
The USDCAD moved sharply higher on the back of the weekend tariff news. That news is fluid, so traders need to be cautious. A solution may be found, sending the USDCAD lower, or there could be an escalation of the trade/drug war. Technically, the price of the USDCAD…
Read MoreUS January final S&P Global manufacturing PMI 51.2 vs 50.1 prior
Prelim was 50.1 Prior was 49.4 Optimism in the year-ahead outlook for production hit a 34-month high New export orders nonetheless continued to fall in January, Chris Williamson, Chief Business Economist at S&P Global Market Intelligence “A new year and a new President has brought new optimism in…
Read MoreCanada January S&P Global manufacturing PMI 51.6 vs 52.2 prior
Prior was 52.2 The Canadian dollar will be trading on economic data today. Commenting on the latest survey results, Paul Smith, Economics Director at S&P Global Market Intelligence said: “January’s survey highlighted the complex impact that possible US tariffs are presently having on the Canadian manufacturing economy. Firms…
Read Moretech struggles: semiconductors falter while healthcare offers stability
Sector Overview Today’s stock market heatmap reveals a pronounced downturn in the technology sector, especially within semiconductors. Nvidia (NVDA) leads the decline, dropping 5.26%, with AVGO and other chipset manufacturers following closely behind. Meanwhile, the consumer electronics sector also faces challenges, as Apple (AAPL) records a 2.12% loss.…
Read MoreCoinDesk 20 Performance Update: Index Plunges 17.1% Over Weekend
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3112.63, down 17.1% (-641.58) since 4 p.m. ET on Friday. None of the 20 assets are trading higher. Leaders: BTC (-6.8%) and…
Read MoreBond Traders Warn of Inflation Shock as US Yield Curve Flattens
Post Content
Read MoreU.S. Tech Futures Fall After Trump Levies Tariffs. Nvidia, Apple, Microsoft Drop.
Post Content
Read More