White House grants one-month auto exemption under USMCA; concerns raised over fentanyl trafficking from Canada, prompting action.
Trudeau called Trump about tariffs and fentanyl; Trump remained skeptical. Possible tariff reductions may happen soon.
Trump and Trudeau discussed tariffs, trade, and fentanyl; USDCAD declined while US stock indices showed gains.
EURCHF hits highest level since July 2024, rising 1.6%, surpassing key resistance levels amid Euro strength.
Market anticipates 77 basis point Fed easing reduction, influenced by inflation trends and tariff uncertainties, per NY Fed.
Germany plans to lift the debt brake, allocating 500 billion euros for infrastructure, impacting markets and politics.
US crude inventories rose significantly, while gasoline and distillate stocks declined. WTI crude hit a low.
WTI crude oil falls below $66, nearing September lows. OPEC+ weighs output increase amid declining prices.
Soft economy reduces second-round inflation effects; rate cuts possible later, depending on inflation risks, says BOE officials.
Technology stocks surge, led by semiconductors, while energy stocks decline amid fluctuating oil prices and demand concerns.
