The Canadian Dollar remains subdued despite WTI crude nearing $92.60 amid Middle East tensions and Fed rate hike expectations. The USD/CAD pair climbed to 1.3850 in Asian trading, reversing minor losses from the previous session. Despite a third consecutive rise in West Te
Washington targets global trade with new tariffs while China's services sector expands at its fastest pace in three months. The US proposed 10% tariffs on imports from 60 countries and launched a forced-labour probe under Section 301. The move escalates trade tensions amid
The new Majorana 2 chip achieves 20-second qubit lifetimes, advancing scalable quantum computing and cryptography concerns. Microsoft announced its Majorana 2 quantum chip, claiming 1,000 times greater reliability than its predecessor. The chip achieves average qubit lifet
Washington proposes tariffs on imports from 60 countries, including China and the EU, citing failure to ban forced labor goods. The U.S. Trade Representative proposed tariffs of up to 12.5% on imports from 60 economies, citing inadequate enforcement of forced labor bans. T
US proposes 10% tariffs on 60 countries over forced labor The US has proposed tariffs of at least 10% on imports from around 60 countries. The move is in response to forced-labour practices and aims to reconstruct the country-by-country tariff regime. China
Analysts forecast a near-term drop for XOM after a corrective phase following its March 30 record high of $176.4. Exxon Mobil (XOM) stock is projected to retest $153 before facing renewed downside pressure, according to Elliott Wave analysis. The stock reached an all-time
The British Pound stabilizes after a four-day rally as Middle East tensions bolster the USD, offsetting hawkish Bank of England tones. GBP/USD trades flat at 1.3470 in Asian hours, halting a four-day winning streak. The pair’s stability follows a firm US Dollar, driven by
Rising geopolitical risks in the Middle East bolster the USD, offsetting hawkish Bank of England signals and capping GBP gains. GBP/USD traded steady around 1.3470 in Asian hours Wednesday, halting a four-day rally as heightened Middle East tensions fueled demand for the U
Bitcoin's price drop accelerates shift to digital dollars Bitcoin has dropped about 12% over the past week to around $66,800. The crypto market is seeing a capital flight into dollar-linked stablecoins. Bitcoin's dominance rate has fallen to 58.5%, reversin
Q1 GDP rises 0.3% amid strong domestic demand Australia's economy expanded 0.3% in Q1 2026, below forecasts, as a surge in data centre and fuel imports dragged on growth. The country's annual growth held at 2.5%, despite strong domestic demand. Private busi
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