Author

admin

Browsing

The stock markets had a dynamic start to the third quarter, pushing indices to new highs after earlier tariff concerns. On Monday (June 30), markets generally saw strong gains, with the S&P 500 (INDEXSP:INX) and Nasdaq Composite (INDEXNASDAQ:.IXIC) reaching new record highs in the US while the S&P/TSX Composite Index (INDEXTSI:OSPTX) climbed higher after a last-minute policy reversal to rescind a planned digital services tax targeting US tech firms. Tuesday (July 1), Canadian markets were closed for Canada Day. As for US markets, following two consecutive days of highs, the S&P and Nasdaq declined on Tuesday (July 1) after a renewed feud between Tesla (NASDAQ:TSLA) CEO Elon Musk and US President Donald Trump sent Tesla shares down by over 5 percent. However, tech stocks boosted the performance of both Canadian and US markets on Wednesday (July 2) and Thursday (July 3) after export restrictions to China were lifted and the…

The far-right Alternative for Germany (AfD) is now Germany’s largest opposition group and even topped several opinion polls – briefly putting it ahead of now-Chancellor Friedrich Merz’s center-right party – in the weeks after February’s federal election. At the same time, the AfD is facing growing calls for an outright ban, most recently from another major political party. In May, the country’s domestic intelligence agency formally classified the AfD as an extremist entity that threatens democracy. In a 1,100-page report, the Federal Office for the Protection of the Constitution, or BfV, also laid out its findings that the party was racist, anti-Muslim, and devaluing of “entire segments” of Germany’s population. That move, which enables the BfV to better monitor the group , has reignited attempts to impose a ban, despite the party claiming a significant 20.8% of the vote in February’s national election – the best performance by a far-right…

Massive wildfires have torn through Syria’s coastal mountain region of Jabal Turkman since Thursday, destroying thousands of hectares of forest and overwhelming emergency services. Abdel Kafi Kayyal, director of civil defense in Lattakia province, said efforts to control the fires have been hampered by strong winds, rugged terrain and the danger of landmines left behind from years of war. The fires come as Syria’s new government tries to drive the country’s recovery after more than a decade of war and crippling sanctions, with basic services non-existent in many parts of the country. The fires have burned along a line of 20-kilometers (12 miles), cutting off roads and forcing thousands to flee their homes. They have also left some areas without power. Drone video showed fires advancing along a broad front in rugged territory, occasionally flaring up as they encounter tinder-dry woodland. The fires have now spread into parts of Tartous…

  Stallion Uranium Corp. (the ‘ Company ‘ or ‘ Stallion ‘ ) ( TSX-V: STUD ; OTCQB: STLNF ; FSE: FE0 ) is pleased to announce that, further to the Company’s news releases dated May 14 th 2025 and May 21 st 2025, the TSX Venture Exchange (‘ TSX-V ‘) has approved the resumption of trading of the Company’s common shares. Trading will recommence on the TSX-V effective at markets’ open on July 7 th 2025. The Company is also pleased to announce that, further to its news release of November 28 th 2024, it has entered into a binding heads of agreement (the ‘ Heads of Agreement ‘) dated June 7 th 2025 amongst 1503571 B.C Ltd. (‘ 150 BC ‘), the remaining common shareholders of 150 BC (the ‘ Shareholders ‘) and Resolution Minerals Ltd. (‘ RML ‘), an ASX Listed Issuer, pursuant to which RML shall…

On Monday (June 30), Statistics Canada released its natural resource indicator report for the first quarter of 2025. The data shows a 1.6 percent growth quarter-over-quarter in the real gross domestic product (GDP) of the sector during the three-month period, indicating that the sector outpaced the broader economy, which posted an increase of just 0.5 percent. The energy subsector led the way with a 2.2 percent gain, driven by increases of 2 percent in crude oil and 3.4 percent in electricity. The minerals and mining sector increased by just 0.4 percent overall. Within it, the manufacturing of metallic mineral products grew 4 percent, and non-metallic mineral extraction rose 3.2 percent. On the other hand, metallic mineral extraction declined by 2.9 percent Although real GDP increased, exports declined at the start of the year. Energy exports fell by 1.8 percent, due to a 12.4 percent decrease in outgoing refined petroleum products.…

As Denmark takes over the presidency of the European Union, Danes are more strongly pro-European than at any time in the past two decades – a shift in sentiment that can at least partly be attributed to US President Donald Trump. An eye-opening survey published in March by Berlingske, a Danish daily newspaper, said 41% of Danes now see the United States as a threat. It also said 92% of respondents either “agree” or “mostly agree” that the Nordic nation needs to rely more on the European Union than the US for its security. Given the recent tensions between Washington and Copenhagen, those statistics may not be surprising. Since his return to the White House, Trump has spoken frequently and aggressively about Greenland, an autonomous crown dependency of Denmark, saying he would like the US to own it. Vice President JD Vance and members of the Trump family have made…

A man set the door of a synagogue alight and a group of protesters stormed an Israeli restaurant in Melbourne on Friday night, the latest in a wave of antisemitic attacks in Australian cities. About 20 people were inside the synagogue in the downtown area of East Melbourne when a man poured flammable liquid on the front door of the synagogue on Albert Street before setting it on fire, Victoria state police said. The group was having Shabbat dinner, marking the beginning of the Jewish day of rest, when the attack took place at 8 p.m. local time, Alex Ryvchin, the co-CEO of the Executive Council of Australian Jewry (ECAJ), wrote on X. No one was injured and firefighters extinguished the small blaze, police said, adding that the perpetrator, who remains unidentified, fled the scene. Just over 1 kilometer to the west on Hardware Lane – one of the city’s…

After a strong move in the week before this one, the Nifty spent the last five sessions largely consolidating in a very defined range. The markets traded with a weak underlying bias and lost ground gradually over the past few days; however, the drawdown remained quite measured and within the expected range. As the markets consolidated, the trading range got narrower. The Nifty moved in a 337-point range during the week. While the Index formed a near-similar high, it marked a much higher low. The volatility also retraced; the India VIX came off by 0.59% to 12.31. While showing no intention to trend higher, the headline Index closed with a net weekly loss of 176.80 points (-0.69%). The Nifty has created an intermediate resistance zone between 25600 and 25650. A trending move on the upside would happen only if the Nifty is able to take out this zone on the…

Bert Dohmen, founder and CEO of Dohmen Capital Research, sees physical gold and silver as key safe havens as a potential bull trap in the broad stock market plays out. ‘We said we’re probably going to go to a new high in a major, widely watched index like the S&P 500 (INDEXSP:.INX). It’s going to be by a small amount a new high, and that’s going to close the bull trap,’ he said. Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article. This post appeared first on investingnews.com