The U.S. Dollar value ended nearly flat as investors watch how the U.S.-Iran standoff unfolds in the coming days after the U.S. announced an economic blockade on Iran. Traders also analysed Wednesday's decision by the U.S. Treasury Department to double the long-term debt buybacks.
Canadian stocks moved higher on Friday as traders await a breakthrough in the ongoing Canada-U.S. negotiations to avert 50% tariffs on Canadian exports to the U.S. A surge in the materials sector owing to a sharp jump in gold-linked metal stocks supported the market.
Following the sell-off seen during the previous session, stocks moved back to the upside during trading on Friday. The major averages all moved notably higher on the day, with the Dow showing a notable advance.
Crude oil prices have edged higher on Friday, extending five sessions of gains, as expectations of a U.S.-Iran deal sank after the U.S. announced economic measures to isolate Iran, leaving the Strait of Hormuz closed and heightening supply concerns.
Extending two days of gains, gold prices have soared on Friday as safe-haven demand for the U.S. dollar diminished following yesterday's announcement by U.S. President Donald Trump indicated a shift in the strategy against Iran from military aggression to economic pressure.
Following the weakness seen in the previous session, stocks may move back to the upside in early trading on Friday. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.5 percent. Traders may look to pick up stocks at reduced levels following...
The U.S. Dollar value ends nearly flat as investors assessed the positive U.S. economic data releases including weekly jobless claims and Philadelphia Business Conditions index while the fresh economic offensives set to be initiated against Iran by the U.S. instead of a military campaign lowered the safe-haven demand for the U.S. dollar.
Canadian stocks ticked lower on Thursday after closing yesterday's session roughly flat as investors anxiously await the finalization of a Canada-U.S. trade deal to avert 50% U.S. tariffs before the Friday deadline, while the U.S. is set to launch unprecedented fresh economic offensives against Iran.
After coming under pressure early in the session, stocks saw further downside over the course of the trading day on Thursday. The major averages all moved sharply lower as the day progressed, more than offsetting the modest gains posted during Wednesday's session. The major averages ended the day not far off their lows of the session.
Extending gains from the four previous sessions, crude oil prices have surged on Thursday, with expectations of an early reopening of the Strait of Hormuz sinking after U.S. President Donald Trump announced stringent economic measures against Iran.
Extending yesterday's surge, gold prices have edged higher on Thursday gaining back the ground it lost earlier due to profit-taking after U.S. President Donald Trump announced drastic economic measures against Iran which renewed crude oil supply concerns.
Stocks have moved mostly lower during trading on Thursday, giving back ground following the modest rebound seen in the previous session. The major averages have all moved to the downside, more than offsetting yesterday's slim gains. Currently, the major averages are off their lows of the session but still in negative territory.
Stocks are likely to move to the downside in early trading on Thursday, giving back ground following the modest rebound seen in the previous session. The major index futures are currently pointing to a lower open for the markets, with the S&P 500 futures down by 0.6 percent. The downward momentum...
President Donald Trump has said he will take tougher economic actions against Iran and any country that supports it for failing to strike a deal with the United States. In a statement on Truth Social Wednesday, Trump said he is announcing "the most crushing economic operation ever taken against any country." He called it "Economic Warfare and Isolation on an unprecedented scale." Trump claimed
The U.S. Dollar value edged lower as investors scaled down their expectations of a rate hike by the U.S. Federal Reserve with the Middle East crisis showing no sign of cooling, pushing crude oil prices and oil-linked inflationary concerns higher.
August 21, 2026 14:42 ET The minutes of the latest policy meeting of the Federal Reserve, housing market data and manufacturing sector survey results were the main news for the U.S. economy this week. In Europe, inflation data from the U.K. was the highlight, while consumer price data from Japan drew attention in Asia.