March 11, 2025
Canadian dollar weakens ahead of expected interest rate cut
The Canadian dollar weakened against its U.S. counterpart as investors bet that the Bank of Canada would continue its easing campaign this week to support an economy threatened by U.S. trade tariffs.
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March 11, 2025
Tariff fears drag FTSE 100 to more than one-month low
The British benchmark index fell to a near five-week low, tracking a global equity selloff as worries about economic growth and uncertainties around U.S. tariffs continued to keep investors on edge.
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March 11, 2025
Wall Street sinks as recession fears loom
U.S. stocks plunged as relentless tariff wrangling and mounting anxieties arising from the chaos in Washington gave rise to fears that the U.S. economy could be careening into recession. The tech-loaded Nasdaq suffered the most, tanking 4.2%
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March 10, 2025
Rocky US stock market faces inflation data test
A critical inflation report in the coming week could further rattle an increasingly tumultuous U.S. stock market, with investors worried about an economic growth slowdown and President Donald Trump’s tariffs. Despite a gain on Friday, the benchmark S&P 500 marked its worst week in six months.
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March 10, 2025
China’s central bank ups gold reserves in February
The U.S. dollar dropped to multi-month lows against the euro and yen and fell versus most currencies to end last week after data showed the labor market in the world’s largest economy slowed last month, creating fewer jobs than expected. The Gold-Dollar pair traded sideways in the last session. The Stochastic-RSI is giving a positive […]
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March 10, 2025
US dollar sags after weaker-than-expected jobs data, Fed’s Powell comments
The U.S. dollar dropped to multi-month lows against the euro and yen and fell versus most currencies to end last week after data showed the labor market in the world’s largest economy slowed last month, creating fewer jobs than expected.
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