The U.S. dollar is lower today primarily due to renewed concerns over President Donald Trump’s aggressive tariff policies and their potential to hinder economic growth …
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Headlines: No love for the dollar to start June trading US futures hold lower ahead of North America trading Crude oil rallies as OPEC+ hikes …
The market is pricing just one rate cut, on the other hand. The BoC has already cut quite aggressively and even delivered some insurance cuts …
That as confirmed by a spokesperson for the European Commission. Well, we’ll see how things go after that next meet. I wouldn’t hold my breath …
The meeting will be held in Paris. As a reminder, Trump recently threatened a 50% tariff on EU to force them to accelerate trade talks …
Tech shares are leading the declines as we see a bit of a setback for US equities following the late Friday bounce. S&P 500 futures …
Fed: 53 bps (96% probability of no change at the upcoming meeting) ECB: 54 bps (96% probability of rate cut at the upcoming meeting) BoE: …