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Apr 4/25: Gold Slips From Record High
Gold prices were subdued on Monday, after having touched record highs earlier in the session.Spot gold slipped 0.2 percent to $3,229.56 per ounce in European trade after hitting a new […] This post is only…
Canadian wholesale trade up 0.3% to $85.7-billion in February
Statistics Canada says wholesale trade, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, rose 0.3 per cent to $85.7-billion in February.The overall increase in sales came […] This post is only…
Apr 14/25: Oil Prices Inch Higher In Cautious Trade
Oil prices traded higher on Monday, with a weaker dollar and geopolitical tensions offering some support. There was some cheer as Chinese data showed a sharp rebound in crude imports […] This post is only…
Trump says specific tariff will be placed on semiconductor industry, rate to be announced within week
While speaking with reporters on Air Force One on Sunday night, Trump said the goal behind the specific tariff is to “uncomplicate” trade in the semiconductor sector.“We wanted to uncomplicate […] This post is only…
Trump team holds ‘constructive’ face-to-face nuclear talks with Iran, will meet again next weekend
The talks took place on the outskirts of Oman’s capital, Muscat, and lasted just over two hours. Omani Foreign Minister Said Badr hosted the meeting. Iranian state TV later confirmed the […] This post is only…
Trump exempts phones, computers, chips from new tariffs
Smartphones and computers will be exempted from Trump’s reciprocal tariffs. Trump earlier this month imposed 145% tariffs on products from China, a move that was poised to take a toll […] This post is only…
Calendar: April 14 – April 18
Monday April 14China trade surplus, aggregate yuan financing and new yuan loansJapan industrial production(8:30 a.m. ET) Canadian wholesale trade for February. Estimate is a month-over-month rise of 0.4 per cent […] This post is only…
China reaches out to other nations as Trump layers on tariffs
China is reaching out to other nations as the U.S. layers on more tariffs in what appears to be an attempt to form a united front to compel Washington to […] This post is only…
U.S. crude oil tumbles more than 6%, trades below $56 as China imposes retaliatory tariffs
April 9/25 at 8.00 AM ESTU.S. crude oil futures fell more than 6% on Wednesday, as China slapped retaliatory tariffs on the U.S. after President Donald Trump’s sweeping levies took effect.The U.S. benchmark dropped […] This post is only…