Canadian PM Carney issues a statement regarding US intention to impose tariffs, says Canada is ready to engage intensively to address issues with the US and says we're ready to talk with the US about modernising the USMCA
Mark Carney's comments signal Canada's willingness to actively engage with the U.S.
South Korea July 1st-20th Exports rose 52.3% Y/Y, Imports rose 20.0% Y/Y and Trade Balance is at a provisional surplus of USD 12.2bln
China is said to have room to cut rates, including RRR, in Q3 as the government seeks to complement fiscal measures aimed at supporting the economy, according to Shanghai Securities News
Canadian PM Carney issues a statement regarding US intention to impose tariffs, says Canada is ready to engage intensively to address issues with the US and says we're ready to talk with the US about modernising the USMCA
PRE-MARKET AUSTRALIAN, JAPANESE & SOUTH KOREAN STOCK NEWS: Samsung Electronics (005930 KS), SK Hynix (000660 KS) and Micron (MU) were reportedly scaling back or scrapping plans to commercialise controllers for CXL expansion devices
Explosions were heard in areas east and west Shiraz, Iran
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on trade, particularly regarding tariff issues and modernizing the USMCA. This proactive stance could help alleviate tensions in trade relations, which are crucial for markets sensitive to geopolitical developments. Overall, it may support risk sentiment in the short term, especially for Canadian assets.
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