Trump tariffs on Canada, Mexico, China start Feb 4   US dollar surges towards 2-year high Alphabet, Amazon earnings may sway US500 index BoE likely to cut rates, Pound may weaken US jobs report to test labor market resilience February is already off to a cracking start!Over the weekend, President Trump announced the rollout of tariffs on Canada, Mexico, and China starting Tuesday, Feb 4th.Today, the US dollar surged […]

The Australian dollar has launched during the trading session on Friday, as Trump has now announced that the tariffs on Canada and Mexico will go into effect March 1st. I think a lot of the market had been anticipating any minute now, and the fact that he said it was later down the road gives […]

Is the Fed playing politics? Does the Fed know what it’s doing at all? Fedthink!Today I coined a new word, Fedthink. I hope it catches on. Here are some reader thoughts and my comments on them from a recent post.Regarding FedthinkReader: Sometimes I wonder if people like Mish really think that the Fed plays it straight […]

Image Source: Pexels  Energy remains the key story, while inflation for non-energy goods and services remains stable. Weak demand and a cooling labor market are likely limiting price increases, which should help keep inflation pressures in check throughout the year.According to preliminary estimates by Istat, Italian inflation accelerated to 1.5% on the year (from 1.3% in […]

Photo by Michelle Spollen on Unsplash  The USD/CAD pair surged above 1.4760 on Monday, reaching its highest level since April 2003. This sharp rise came in response to the US government’s decision to impose 25% tariffs on Canadian imports, significantly impacting the Loonie.  Key factors driving USD/CADThe White House framed the tariffs as part of a broader policy […]