A year ago, on February 1, 2025, the Trump Administration introduced its first set of tariffs, a dozen days after inauguration and the signing of the America First Trade Policy Memorandum. In it, the President’s primary directive to his Administration was to: “investigate the causes of our country’s large and persistent annual trade deficits in goods, as ...

White House: Trump signs an order modifying duties to address threats to the United States by the Government of the Russian Federation.

A January drop in Canadian employment is less severe than it appears, an economist says. This comes after Statistics Canada’s Labour Force Survey showed the economy lost 25,000 jobs in January, as fewer people looked for work. The unemployment rate fell 0.3 percentage points from the month before to 6.5 per cent. Canada lost 25,000 jobs, unemployment rate ...

As iFX EXPO Dubai 2026 approaches, the global online trading community is preparing to gather once again for one of the industry’s most important annual events. With 10k+ attendees, 200+ exhibitors, and 150+ speakers, the expo remains the region’s leading marketplace for online trading professionals. Hosted at Dubai World Trade Centre, Za'abeel Halls 5–6, ...

The Dow Jones Industrial Average just hit 50,000 for the first time in History. CONGRATULATIONS AMERICA!

Two comic books originally sold on US newsstands for just 10 cents have sold for $13 million. The highest-graded known copy of Batman No. 1 (CGC 9.4) sold for $6 million, while the second highest-graded copy of Superman No. 1 (CGC 8.5 Mile High pedigree) fetched $7 million. The private sale was brokered by Dallas-based Heritage Auctions in collaboration ...

US consumer sentiment unexpectedly improved to the highest in six months, largely propelled by wealthier Americans who have benefited from stock-market gains. The preliminary February sentiment index increased to 57.3 from 56.4 in January, according to the University of Michigan. The survey period includes responses from Jan. 20 to Feb. 2. The median ...

EUR/USD is trading just above a pivotal support zone after a sharp pullback from the January highs, with downside momentum slowing as price approaches a key technical threshold. This area has acted as an important reference point within the broader uptrend, placing emphasis on how the market responds in the sessions ahead. A decisive break lower would ...

I will start this post with a bit of history. I grew up in Lebanon in the 1970s and early 1980s, during the civil war. At the time, the Lebanese lira held remarkably steady. Despite the collapse of the state and the fragmentation of authority, the exchange rate was steadily depreciating but at a very slow and orderly pace. Daily transactions continued. ...

Thank you, Wendy, for the kind introduction. It is an honor to speak at the Brookings Institution. Today, I will start by sharing my outlook for the economy. Then, I will discuss the possible implications of that outlook for the path of monetary policy. Next, I will turn to the subject matter of this conference and discuss supply-side inflation dynamics. After my remarks, I look forward to our discussion. At the start of this year, I am cautiously optimistic about the economic outlook. I see signs suggesting that the labor market is stabilizing, that inflation can return to a path toward our 2 percent objective, and that sustainable economic growth will continue. To be sure, there are risks to both sides of the dual mandate, given to us by Congress, of maximum employment and stable prices. Incoming data bear careful watching. FED'S JEFFERSON SAYS HE SUPPORTED LAST YEAR’S INTEREST RATE CUTS, POLICY ROUGHLY IN NEUTRAL STANCE FED'S JEFFERSON: JOB MARKET SOFTER ON REDUCED DEMAND, IMMIGRATION ISSUES

Yesterday brought something of a surprise from the Bank of England. At its meeting ending on 4 February 2026, the Monetary Policy Committee voted by a majority of 5–4 to maintain Bank Rate at 3.75%. Four members voted to reduce Bank Rate by 0.25 percentage points, to 3.5%. Not the unchanged verdict but the fact that 4 policymakers voted for a cut in ...

Canadian employment fell 24,800 in January, the first drop in five months and following a surprising stretch of strength last fall. However, this report is the proverbial mixed bag, with some flashes of positives and a staggering three-tick drop in the unemployment rate to 6.5%. It's not normal to see unemployment pull back aggressively even as job growth ...

Fed's Daly: The Fed must watch both sides of mandates, the situation feels precarious. FED'S DALY: LOW-HIRING, LOW-FIRING ENVIRONMENT MAY PERSIST, OR MAY QUICKLY CHANGE TO A NO-HIRING, MORE-FIRING LABOR MARKET Fed's Daly: Businesses are cautiously optimistic, workers are not so sure. Fed's Daly Says Growth Is Good, Consumer Spending Remains Solid, Jobs Are Easy To Fill, And Productivity Gains Are Helping Control Costs

Risk assets are seeing a relief rally ahead of the weekend, but risks from Iran and the Japanese snap election remain. Meanwhile, USD/CAD is edging lower within its range after a mixed Canadian jobs report. FOREX.com's Global Head of Research Matt Weller breaks down the key news you need to know ahead of the US Open, as well as taking a look at today’s ...

The Consumer Sentiment Index in the United States improved by 1.6% in February compared to the previous month, reaching 57.3, which came in above analysts' expectations, according to a preliminary report released by the University of Michigan on Friday. However, the figure plunged by 11.4% on an annual basis. The Current Economic Conditions Index jumped by ...