Major US stock indices close sharply lower.
Major US stock indices close sharply lower.
Dow and S&P closed down nearly -1%. The NASDAQ index -1.36%
Stocks
Details of the Joint statement from Pres. Trump and Japan PM Ishiba
Details of the Joint statement from Pres. Trump and Japan PM Ishiba
Opposition to Chinese aggression, upgrading military cooperation, and increasing LNG exports - highlights of the joint statement.
US President Donald Trump: We are going to work out the trade deficit with Japan
US President Donald Trump: We are going to work out the trade deficit with Japan
United States (US) President Donald Trump hit newswires for a second time on Friday, during a news conference with Japanese Prime Minister Shigeru Ishiba.
OfficialTrump
TradeWar
UnitedStates
Japan
Dow Jones Industrial Average plunges 400 points as trade war fears supplant NFP print
Dow Jones Industrial Average plunges 400 points as trade war fears supplant NFP print
The Dow Jones Industrial Average (DJIA) took a fresh beating on Friday after Nonfarm Payrolls (NFP) missed market forecasts, and the University of Michigan’s (UoM) Consumer Sentiment Index showed a sharp downturn in consumers’ overall economic outlook.
DowJones
Equities
SEO
TradeWar
Ukraine Zelenskiy to Trump: "Let's do a deal" but stresses the need for secuity guarantees
Ukraine Zelenskiy to Trump: "Let's do a deal" but stresses the need for secuity guarantees
Ukraine's Zelenskiy calls on Trump for security assurances in rare earth deal negotiations, while planning to meet with U.S. President before Russian counterpart. Discussions ongoing for opening Ukrainian gas storage sites to hold U.S. LNG.
Reuters: Canada PM Trudeau says Pres Trump talk about absorbing Canada is real
Reuters: Canada PM Trudeau says Pres Trump talk about absorbing Canada is real
Trump desire is linked to the countries rich natural resources
CAD
USD
US President Donald Trump: I will announce reciprocal tariffs next week on many countries
US President Donald Trump: I will announce reciprocal tariffs next week on many countries
United States (US) President Donald Trump hit social media hard on Friday, noting through a series of posts that his plans to execute widespread tariffs on most of the US' trading allies is back on the table as a means of addressing the US' federal deficit.
OfficialTrump
TradeWar
UnitedStates
Fed's Kugler: Inflation has firmed and neutral rates have risen
Fed's Kugler: Inflation has firmed and neutral rates have risen
Federal Reserve (Fed) Board of Governors member Adriana Kugler noted on Friday that US growth and economic activity remain healthy overall, but noted that progress toward the Fed's inflation goals has been somewhat lopsided.
Fed
CentralBanks
Inflation
CFTC CEO Forum Includes Circle, Coinbase, Crypto.com, Ripple in Pilot Program
CFTC CEO Forum Includes Circle, Coinbase, Crypto.com, Ripple in Pilot Program
News Discussion Forum
By Finance Magnates
CFTC CEO Forum Includes Circle, Coinbase, Crypto.com, Ripple in Pilot Program
The CFTC is set to organize a CEO Forum with industry firms to discuss the upcoming launch of its digital asset markets pilot program.
CFTC
crypto
cryptocurrency
digital asset
Circle
Ripple
coinbase
NZDUSD corrects lower into a cluster of technical levels including 100/200 hour MAs
NZDUSD corrects lower into a cluster of technical levels including 100/200 hour MAs
The 61.8% retracement of the range since the January 24 high is in play as well.
NZD
USD
Bill Ackman reveals a position in Uber
Bill Ackman reveals a position in Uber
Pershing Square buys 30.3 million shares
Stocks
What key earnings releases are scheduled for the week starting Feb 10
What key earnings releases are scheduled for the week starting Feb 10
McDonald's, Shopify, Coca-Cola, and Moderna are scheduled to announce earnings next week
Stocks
UoM Consumer Sentiment Index drops as inflation fears climb
UoM Consumer Sentiment Index drops as inflation fears climb
According to the University of Michigan's (UoM) Consumer Sentiment Index, American consumers are beginning to grow increasingly concerned about US President Donald Trump's approach to economic policy and international trade.
UnitedStates
TradeWar
Inflation
ConsumerConfidence
Fed's Goolsbee: Will take longer than 2025 to get to neutral policy rate
Fed's Goolsbee: Will take longer than 2025 to get to neutral policy rate
Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee hit markets on an already-volatile Friday with more bad news, noting that inconsistent policy approaches from the US government cause a high level of economic uncertainty that make it difficult for the Fed to draw a bead on where the economy, and inflation specifically, are likely heading.
Fed
CentralBanks
Inflation
InterestRate
WTI Price Analysis: Oil prices rise after NFP data
WTI Price Analysis: Oil prices rise after NFP data
The West Texas Intermediate (WTI) crude oil prices climbed on Friday to around $70.80, buoyed by renewed optimism over energy demand following the latest US labor market report.
WTI
Oil
Commodities
Canadian labour markets shows signs of firming in January – RBC Economics
Canadian labour markets shows signs of firming in January – RBC Economics
Canadian labour markets surprised broadly on the upside for a second straight month in January, with employment rising solidly and the unemployment rate unexpectedly slipping lower, RBC Economics’ Assistant Chief Economist Claire Fan notes.
Canada
BOC
Employment
Banks
Growth
U.S. unemployment rate ticked lower in January – RBC Economics
U.S. unemployment rate ticked lower in January – RBC Economics
The exceptional run of U.S. labour market strength persisted in January, RBC Economics’ Senior Economist Claire Fan notes.
Employment
UnitedStates
Growth
NFP
Banks
US February prelim UMich consumer sentiment 67.8 vs 71.1 expected
US February prelim UMich consumer sentiment 67.8 vs 71.1 expected
The first look at February US consumer sentiment from the University of Michigan
Copper: No reasonable scenario to catalyze CTA buying activity – TDS
Copper: No reasonable scenario to catalyze CTA buying activity – TDS
Copper prices continue to rally, but our advanced positioning analytics suggest that no reasonable scenario for prices will catalyze CTA buying activity over the coming sessions, TDS’s Senior Commodity Strategist Daniel Ghali notes.
Copper
Metals
Banks
USD/CAD drops to near 1.4300 after US-Canada employment data
USD/CAD drops to near 1.4300 after US-Canada employment data
The USD/CAD pair falls to near 1.4300 in North American trading hours on Friday.
USDCAD
BOC
Fed
Employment
NFP
;