The Canadian Dollar recovers, supported by a softer US Dollar and narrowing US/Canada 2Y spreads amid tariff concerns.
Mexico will delay tariffs announcement until Sunday, coinciding with Canada’s Liberal Party leadership decision, likely impacting elections.
Trump imposes tariffs on Canada, Mexico, China; manufacturers urged to build in US amid economic concerns.
Trudeau announces $30 billion tariffs, challenges under USMCA and WTO, citing inaccurate fentanyl claims and economic risks.
US Treasury Secretary Scott Bessent plans rate cuts, asserting Chinese manufacturers will absorb tariffs; USD Index fell.
Trump promises no tariffs for returning companies, addresses cartels. S&P 500 drops 1.9% amid tariff concerns.
NU Holdings may decline below $10.18, with potential support at $8.10, creating a possible buying opportunity.
US two-year yields fall, S&P 500 erases gains, and major indices decline as investors seek safer options.
Gold rose to $2,915 amid tariffs; Canada, China retaliate. US yields drop, Fed cut expectations rise.
Sheinbaum plans to speak with Trump Thursday before Mexican counter-tariffs, potentially allowing for negotiations.
