Trade Wars 2.0 - news and analysis

The second presidency of Donald Trump initiated escalation of tariffs that triggered significant financial movements. These actions may to increased costs for businesses and consumers, disrupted supply chains, and created market uncertainty. Retaliatory tariffs from affected nations can further strain global trade, impacting economic growth and prompting concerns about long-term financial stability.

Canadian dollar in holding pattern on Election Day

Canada goes to the polls today. The Liberals under Prime Minister Mark Carney are expected to win a majority government but a surprise result could affect the direction of the Canadian dollar. Canada's retail sales declined in February but rebounded in March.

28-04-2025 10:30 GMT by Kenneth Fisher

Brent Crude analysis: Trade talks, OPEC+, and technical levels

Brent Crude oil prices are consolidating amid mixed signals from US-China trade talks, US-Iran nuclear deal progress, and an upcoming OPEC+ meeting. Technical analysis reveals a tight trading range with key support and resistance levels. Client sentiment data shows a high percentage of traders are long on WTI, suggesting potential for a price decline.

28-04-2025 09:52 GMT by Zain Vawda