Canadian Highlights Markets swung on hopes of a Middle East truce, but the outlook remains fragile. Canada’s economy has stalled out over the past two quarters, with weak domestic demand and patchy investment pointing to subdued momentum. The upcoming CUSMA review is now central, as Canada looks to pair greater trade clarity with an energy…
EUR/USD ended Friday at 1.1640 following significant volatility during the previous session. Pressure on the US dollar emerged after reports suggested that the US and Iran had reached preliminary agreements aimed at resolving the conflict. This helped ease market concerns over inflation and the need for further interest rate hikes. According to media reports, Washington…
Market Overview The crypto market capitalisation rose by 1% over the past 24 hours, rebounding from the local lows reached the previous day, thanks to a shift towards riskier assets. However, the cryptocurrency market remains 10% below its local peak in early May and 43% below its global peak in October last year. By comparison,…
Dubai, UAE, May 29, 2026 (GLOBE NEWSWIRE) — Rimantas Petrauskas has announced the release of Local Trade Copier Version 3.0.0 for MetaTrader 4 (MT4) and MetaTrader 5 (MT5), introducing a major update focused on trade execution flexibility, prop firm compatibility, and improved account synchronization for forex trading environments worldwide. Starting from Version 3.0.0, both MT4 and MT5 editions…
Canada’s economy unexpectedly contracted by -0.1% mom in March, missing expectations for a 0.1% expansion and partially reversing February’s 0.2% gain. The weakness was concentrated in goods-producing industries, which fell -0.8% and recorded their fifth decline in the past six months. Lower activity in mining, quarrying, oil and gas extraction, as well as construction, accounted…
Elusive US-Iran deal keeps inflation fears alive amid resilient risk appetite. US jobs data to take spotlight as hawkish Fed soundbites grow. Eurozone flash CPI to be eyed too as ECB preps for June rate hike. But will the yen steal the show as it re-enters 160 zone? US-Iran Drama Keeps Traders Gripped It’s been…
Global markets are ending the week firmly in risk-on mode, but the enthusiasm is far from evenly distributed. Equity investors are aggressively embracing both AI-driven optimism and growing hopes that the United States and Iran are moving closer to a formal agreement extending the current ceasefire. Reports that negotiators have drafted a 60-day memorandum of…
Welcome to today’s Market Blast. Today, we will take a look at Forex Trading on the S&P500, the Dow Jones, CADCHF, GBPCAD, AUDNZD, WTI, and Brent Crude Oil. We looked at crude oil last time, and the last thing we want to do is to second-guess the reliability of ceasefire talks in the Iran war….
Markets have spent the past 24 hours receiving what should have been overwhelmingly Dollar-negative news. Negotiators from Washington and Tehran reportedly finalized a draft framework that would extend the current ceasefire, reopen the Strait of Hormuz, lift restrictions on Iranian oil exports, and reduce one of the largest geopolitical risks hanging over global markets. The…
Switzerland’s KOF Economic Barometer rose marginally from 97.8 to 98.0 in May, extending the modest improvement seen in the previous month. However, the leading indicator remains below its medium-term average, suggesting that the outlook for the Swiss economy continues to be subdued despite signs of stabilization. The latest reading points to an economy that is…