In the ever-evolving world of trade, it feels like we’re caught in a game of economic chess, doesn’t it? Just when you think you’ve figured out the moves, another twist comes along! This past week, the mood soured as the U.S. rolled out higher tariffs on Canada and Mexico, putting many in a quandary. But, wait—just when things looked bleak, Trump swooped in, postponing some of those trade levies. Phew, right? But tariffs aren’t the only drama unfolding; we’ve got U.S. employment statistics tossing a wrench into the gears, bitcoin reserves raising eyebrows, and OPEC+ keeping us on our toes with production expectations. Buckle up as we break down all the major headlines and market movements that have been shaking things up lately—it’s all here! If you’re ready for a deep dive into the world of intermarket dynamics, LEARN MORE.
Another week, another set of tariffs updates!
The start of higher U.S. tariffs on Canada and Mexico weighed heavily on the market mood early in the week, before Trump agreed to postpone some trade levies later on.
But that wasn’t the only story in town with U.S. employment updates, bitcoin reserve questions, OPEC+ production expectations and more shaking up the usual correlations.
We’re detailing this week’s biggest moves and headlines below:
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