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Trump addresses nation after bombing three Iranian nuclear sites
June 22, 2025 01:07 PM AEST| By InvestingInvesting.com -- The United States bombed three Iranian nuclear sites Saturday evening, U.S. time, President Donald Trump announced.
Fed Daly eyes fall for possible policy shift
June 21, 2025 07:55 AM AEST| By InvestingInvesting.com -- San Francisco Federal Reserve President Mary Daly voiced a cautiously optimistic outlook for monetary policy and economic conditions in a wide-ranging interview on CNBC, citing signs
Fed keeps rates steady, but sees fewer cuts next year on stagflation concerns
June 19, 2025 05:03 AM AEST| By InvestingInvesting.com -- The Federal Reserve left interest rates unchanged for a fourth-straight meeting Wednesday, but flagged stagflation concerns, forecasting economic growth to slow and a jump in inflatio
Macklem flags sharp export declines, inflation risks amid U.S. tariffs
June 19, 2025 03:11 AM AEST| By InvestingInvesting.com -- The recent escalation in trade tensions between Canada and the United States is weighing heavily on Canadian exports, labor markets and inflation expectations, Bank of Canada Governor
Canada’s first LNG expected this weekend - Reuters
June 19, 2025 12:21 AM AEST| By InvestingInvesting.com -- Canada is on the verge of producing its first-ever liquefied natural gas (LNG) this weekend from the LNG Canada export facility in Kitimat, British Columbia, according to Reuters, cit
Canadian support for U.S. counter-tariffs fades as trade war drags - Bloomberg
June 13, 2025 05:57 AM AEST| By InvestingInvesting.com -- Canadian enthusiasm for retaliatory tariffs against the United States is showing signs of erosion, according to a new poll conducted by Nanos Research Group for Bloomberg News. While
Trump calls Powell a ’numbskull’ for not cutting rates
June 13, 2025 03:05 AM AEST| By InvestingInvesting.com -- U.S. President Donald Trump continues to press Jerome Powell and the Federal Reserve to cut interest rates, as inflation data remains subdued despite his aggressive tariff policy. Whi
RBA to hold in July, begin cautious easing from Aug, says Westpac
June 12, 2025 04:11 PM AEST| By InvestingInvesting.com-- The Reserve Bank of Australia (RBA) is likely to begin cutting interest rates from August, but will adopt a gradual and cautious approach to easing, Westpac Chief Economist Luci Ellis
Subdued consumer inflation in May surprises, but likely not enough for Fed
June 12, 2025 06:25 AM AEST| By InvestingInvesting.com -- With the implementation of President Trump’s aggressive tariff policy, economists were pleasantly surprised by today’s milder-than-expected CPI reading. However, overall, they don
Canada’s net foreign asset position drops $103.2 billion in Q1
June 12, 2025 05:59 AM AEST| By InvestingInvesting.com -- Canada’s net foreign asset position fell by $103.2 billion to $1,824.8 billion at the end of the first quarter of 2025, marking the first decrease since the third quarter of 2023, a
US Treasury sells $39B 10-year notes at lower-than-expected yield
June 12, 2025 04:05 AM AEST| By InvestingInvesting.com -- Yields on 10-year Treasury fell Wednesday after the U.S. government sold $39 billion of 10-year Treasuries at a lower-than-expected yield even as demand dipped.
U.S. Treasury chief Bessent urges China to honor Geneva trade deal
June 12, 2025 12:51 AM AEST| By InvestingInvesting.com -- U.S. Treasury Secretary Scott Bessent called on China Wednesday to fulfill its commitments under a trade agreement reached in Geneva last month, following new implementation framework
Lockheed’s F-35 jets to cost Canada 50% more than planned, Auditor General says
June 11, 2025 01:23 AM AEST| By InvestingInvesting.com -- Canada’s purchase of 88 Lockheed Martin (NYSE:LMT) F-35 fighter jets will cost approximately C$27.7 billion ($20.2 billion), nearly 50% more than initially estimated, according to a
2 key questions to consider as U.S.-China trade talks continue in London
June 10, 2025 10:21 PM AEST| By InvestingInvesting.com -- U.S.-China trade negotiations currently taking place in London have the potential to influence financial markets, particularly in China, according to analysts at Capital Economics.
Canada to hit NATO defense target early, Carney says
June 10, 2025 02:35 AM AEST| By InvestingInvesting.com -- Canada will reach NATO’s 2% defense spending target by the end of this fiscal year, Prime Minister Mark Carney announced Monday in a major shift that aims to reassert the country’
Muted expectations in Canadian sectors show room for positive surprises - BMO
June 10, 2025 12:27 AM AEST| By InvestingInvesting.com -- Investor sentiment surrounding Canada’s trade outlook is undergoing a noticeable shift as speculation intensifies around a potential Canada-U.S. trade deal ahead of the G7 summit in
Canada to hit NATO defense target early - The Globe and Mail
June 09, 2025 11:15 PM AEST| By InvestingInvesting.com -- Prime Minister Mark Carney is preparing to announce Canada’s largest increase in defense spending since World War II, a move that will accelerate the country’s alignment with NATO
Carney launches ‘One Canadian Economy’ Act to unify trade, approvals
June 07, 2025 06:33 AM AEST| By InvestingInvesting.com -- Prime Minister Mark Carney unveiled sweeping legislation Friday aimed at accelerating the approval of infrastructure projects and removing long-standing internal trade barriers, part
US job growth in May tops forecasts, but Macquarie warns cracks are emerging
June 07, 2025 05:49 AM AEST| By InvestingInvesting.com -- The U.S. economy created more jobs than expected last month, data showed Friday, but Macquarie economists warn that leading indicators are starting to show cracks emerging in the labo
Fed’s Harker says rate cuts this year still possible
June 07, 2025 03:15 AM AEST| By InvestingInvesting.com -- Philadelphia Federal Reserve President Patrick Harker, who is set to retire at the end of June, has stated that interest rate cuts could be a possibility this year, given the current
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