Here we go again—tariff updates are making headlines this week!
Initially, the week kicked off on a tense note as the implementation of higher U.S. tariffs on Canada and Mexico cast a shadow over market sentiment. However, President Trump later decided to delay some of these trade levies, slightly easing the tension.
But tariffs weren’t the only buzzworthy topic. Updates on U.S. employment figures, discussions surrounding bitcoin reserves, and expectations for OPEC+ production all played a significant role in influencing market dynamics. It was a whirlwind of activity disrupting the usual market patterns.
Let’s dive into the week’s most significant movements and stories:
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