U.S. Launches New Strikes on Iran as Trump Signals Peace Deal Uncertainty 
Dollar Gains Slightly as U.S.-Iran Tensions Keep Forex Markets on Edge 
US Launches New Trade Investigation Into Vietnam Over Intellectual Property Concerns 
Asian Stocks Rally as AI Boom and Iran Ceasefire Progress Lift Market Sentiment 
Dow Hits Record High as Healthcare and Consumer Stocks Lead Wall Street Rally 
European EV Sales Surge in April 2026 as Tesla and Chinese Automakers Gain Ground 
Asian Markets Slide as New U.S. Strikes on Iran Spark Investor Caution 
US Dollar Slips as Markets Weigh Potential US-Iran Peace Deal and Oil Price Outlook 
ECB’s Philip Lane Warns Middle East Conflict Could Keep Inflation Elevated 
S&P 500, Nasdaq Hit Record Highs as Iran Ceasefire Talks and AI Rally Boost Markets 
US Imposes Fresh Iran Oil Sanctions Despite Progress on Ceasefire Talks 
South Korea Central Bank Holds Interest Rates Steady Amid Inflation Concerns 
Oil Prices Jump After New U.S. Strikes on Iran Raise Supply Concerns 
New World Screwworm Found Near U.S. Border Raises Threat to Cattle Industry and Beef Prices 
Nikkei Hits Record High as AI Chip Stocks Power Japan Market Rally 
Gold Prices Slip as Stronger Dollar and Iran Peace Talk Uncertainty Weigh on Market 
Iran-U.S. Nuclear Talks Remain Unresolved as Strait of Hormuz Risks Keep Markets on Edge 
The Canadian dollar plunged to a five-year low, and the Mexican peso remained under pressure on Thursday after former U.S. President Donald Trump renewed tariff threats against Canada and Mexico. Trump reaffirmed plans to impose 25% tariffs on imports from both countries, citing concerns over illegal immigration and fentanyl trafficking.
He set a February 1 deadline to finalize the tariffs and is considering whether to exempt Canadian and Mexican oil imports before they take effect on Saturday. The USD/CAD pair edged higher late Thursday, reflecting the loonie's decline, while the Mexican peso’s USD/MXN pair dipped slightly but stayed volatile after a 1% rise in the prior session.
Additionally, a 10% tariff on Chinese imports has been proposed to curb trade imbalances and pressure Beijing to crack down on drug trafficking. The escalating trade tensions have triggered market volatility and heightened risk aversion.
In response, Canadian politician Chrystia Freeland, a leading contender to succeed Prime Minister Justin Trudeau, announced plans for a retaliation list targeting U.S. exports. The proposed countermeasures, worth approximately C$200 billion, focus on products from politically significant states like Florida, Wisconsin, and Michigan.
With uncertainty mounting, markets brace for further instability as investors assess potential economic fallout from the tariffs.
