News

The monthly rate of the FHFA house price index in June and the annual rate of the unseasonally adjusted house price index in 20 major cities in S&P/CS will be announced in ten minutes.

According to CNBC, when asked whether the government would announce retaliatory tariffs on Tuesday, Canada's U.S.-Canada Trade Minister LeBlanc said, "I think that's the government's intention."

Canadian Trade Minister LeBlanc: We hope to build the best possible relationship with all U.S. trading partners. We hope to achieve the best possible U.S. trade agreement, especially in the automotive sector.

German Chancellor Merz: Economic growth is our top priority, and we hope the country will recover and jobs will be restored. We will discuss this issue at the cabinet meeting in Neuhardenberg today and tomorrow.

Reserve Bank of India: Domestic demand remained strong, and system liquidity improved in July and August.

Reserve Bank of India: As of the end of June, the outstanding net forward selling position was $103.33 billion.

Reserve Bank of India: Easing liquidity conditions support credit growth and continued investment activity.

The Reserve Bank of India: The global economy faces a fragile geopolitical environment and ongoing trade-related uncertainties; the Indian domestic economy has demonstrated remarkable resilience amid persistent global headwinds.

The weekly change in U.S. ADP employment figures for the week ending August 8 will be released in ten minutes.

SuperX secured a $38.8 million order for NVIDIA B300 servers, further accelerating its expansion in the Japanese artificial intelligence infrastructure market.

Cisco (CSCO.O): Will partner with NVIDIA in October to provide ultra-micro computing solutions.

Cisco and Nvidia are collaborating to expand their secure AI factories to prepare for the rack-scale era.

2027 FOMC voting member and Richmond Fed President Barkin will speak on "The Mysterious U.S. Economy" in ten minutes.

Market news: BNP Paribas has obtained an investment license for its Saudi Arabia regional headquarters.

The yield on UK two-year government bonds fell 5 basis points to 4.33% as the overall bond market rose.

A Bank of Montreal executive stated that Canada's economic growth has recovered thanks to AI-driven expansion, while the US economy remains robust.

US President Trump: I would never interfere with Canadians speaking French! In fact, I never intended to do such a foolish thing. This lie was fabricated by a weak and incompetent prime minister to garner political support from the people of Quebec, a support he has utterly lost. I love French Canadians.

The German Association of the Automotive Industry (VDA) states that the automotive industry relies on normal and reliable trade relations.

The German Association of the Automotive Industry (VDA) says the U.S. tariffs on Canada are causing concern in the German automotive industry.

BMO CEO: Canada offers abundant resources, extensive trade agreements, and a stable environment.