ECB Preview: First Rate Hike Since 2023

Canada-US Trade War Erupts, Setting New 50% Tariffs On Canadian Goods US-Canada trade negotiations collapsed at the 11th hour, just before the midnight deadline, triggering 50% tariffs on about $20 billion worth of Canadian goods (under a never-before- used Section 338 provision of the Tariff Act of 1930) and prompting globalist-aligned, China-sympathizing Prime Minister Mark Carney to promise an equivalent response. "Tonight, Canada declined to finalize the trade deal under the terms agreed earlier this week," the United States Trade Representative wrote on X early Saturday morning. The USTR continued: Despite the U.S....

US Existing Home Sales Disappoint In April, Despite Lower Mortgage Rates With the Spring selling season already in tatters, existing home sales were expected to rebound in April very modestly (+2.0% MoM) off recent record lows. However, the rebound was far less than expected, up just 0.2% MoM, which left sales of existing homes unchanged YoY... Source: Bloomberg Total existing home sales SAAR hover just above 4.00 million homes... Source: Bloomberg The NAR report showed the median selling price rose 0.9% from a year earlier to $417,700 last month - the highest for any...

Iran Allowing 20 More Ships Through Strait Of Hormuz, Pakistan Says Authored by Ryan Morgan via The Epoch Times, Iran has agreed to allow 20 Pakistani-flagged ships to pass through the Strait of Hormuz unharmed, Foreign Minister Ishaq Dar announced on March 28. Dar presented the announcement as a sign of good faith from Tehran, as Iranian forces continue to threaten commercial shipping in the Strait of Hormuz. Iran has actively targeted shipping in the region as part of its retaliation for U.S. and Israeli attacks on the leadership and military of...