Trump Pauses Canada Tariff Threat — Relief for CAD, but No Trade Reset Yet
Canada has avoided an immediate 50% US tariff for three days while paperwork is finalized, but the Loonie's muted reaction suggests markets see this as deadline relief, not the broader trade normalization needed to justify a bigger CAD rally.
Hormuz Crisis Turns Stagflationary as Silver Starts to Crack
The Hormuz crisis is shifting from an oil-and-bond story to a broader risk-off one, with equities weakening, Copper breaking lower, and Silver losing its rebound structure — a sign its industrial-demand exposure is becoming a liability rather than an advantage.
Brent Breaks $90 — Now US 10-Year at 4.75% Holds the Bigger Market Test
Why oil's break above $90 is spilling into global bond yields, and why that's flipping the usual risk-off currency playbook
What's happening: Brent decisively broke...
Oil Shock Is Working Twice for CAD/JPY — Can It Reach 120?
Brent's break above $90 is doing double duty for CAD/JPY — strengthening Canada's terms of trade while pushing global bond yields higher and deepening Yen funding pressure — and this time Canada's own data are contributing too, unlike June's Yen-only rally.
