Trump declares retaliation against Iran automatic in Truth Social post

Trump declares retaliation against Iran automatic in Truth Social post

Donald Trump opened the week on Truth Social with a promise that every American soldier killed by Iran will be repaid many times over, a directive he says has been passed to Secretary of War Pete Hegseth, Joint Chiefs of Staff Chairman Daniel Caine, and every leader in the military. The post lands after a […]

Rate divergence weighs CAD against US Dollar – TD Securities

Rate divergence weighs CAD against US Dollar – TD Securities

TD Securities strategists note that softer Canadian Consumer Price Index (CPI) is lifting USD/CAD as rate divergence remains a key driver. They argue broad US Dollar (USD) strength should limit USD/CAD downside below 1.40 and see higher Oil prices as CAD-supportive on crosses but not versus USD. Their forecast keeps USD/CAD near 1.39 through H2 […]

Geopolitical shocks tighten crude and diesel markets – Rabobank

Geopolitical shocks tighten crude and diesel markets – Rabobank

Rabobank says renewed U.S.-Iran tensions, Russia-Ukraine strikes and CPC loading disruptions have lifted crude and refining margins sharply. Brent briefly topped $90, while severe diesel-market tightness is feeding through to export policy and U.S. pump prices. Geopolitical shocks drive crude repricing “The escalation between the U.S. and Iran following the collapse of the interim peace […]

Outperformance on yields and politics repricing – MUFG

Outperformance on yields and politics repricing – MUFG

MUFG’s Lee Hardman highlights the Pound as the best performing major currency in recent weeks, supported by higher UK real yields and favourable carry conditions. Markets are reassessing UK fiscal and political risks as Andy Burnham becomes Prime Minister, with expectations of a pro-business and fiscally responsible stance. MUFG judges much good news is now […]