February 3, 2025
CAD weakens, dollar advances after White House reiterates Trump tariff threats
The U.S. dollar advanced against major currencies on Friday, while the Canadian dollar weakened and the Mexican peso edged higher after the White House reiterated that President Donald Trump will impose tariffs.
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January 30, 2025
Oil prices drop as US stockpile grows
Oil prices fell, with the U.S. benchmark touching a multi-week low after crude stockpiles in the world’s top petroleum producer and consumer rose more than expected last week. The White House reaffirmed Trump’s plan to impose 25% tariffs on imports from Canada and Mexico. After a 1.9% dip during the last session, the Oil-Dollar pair […]
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January 30, 2025
Chip stocks mixed with DeepSeek shock, earnings in focus
Semiconductor stocks were a mixed bag, with European chip stocks rallying on strong earnings while U.S. stocks including Nvidia fell as investors continued to assess the potential threat from China’s low-cost DeepSeek artificial intelligence tool.
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January 30, 2025
DeepSeek threatens giants
Semiconductor stocks were a mixed bag, with European chip stocks rallying on strong earnings while U.S. stocks including Nvidia fell as investors continued to assess the potential threat from China’s low-cost DeepSeek artificial intelligence tool.
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January 29, 2025
Boeing stock rallies on plane progress
Boeing said it was making progress on increasing plane production, and its shares jumped nearly 8%, despite the company recording its biggest annual loss in four years. The $11.8-billion loss, due to problems at its major units, demonstrates the challenges facing CEO Kelly Ortberg in turning around the U.S. planemaker.
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January 29, 2025
US dollar strengthens against yen
The U.S. dollar strengthened against the yen amid fresh tariff threats from the Trump administration and as concerns over of the emergence of a low-cost Chinese artificial intelligence model faded. Trump said he planned to impose tariffs on imported computer chips, pharmaceuticals and steel. The last session saw the Dollar rise 0.5% against the Yen. […]
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