Market Steady Amid Uncertainty: Key Trends Across Equities, Currencies, and Commodities

Today's expected range for the Canadian Dollar against the major currencies:
US Dollar 1.4300-1.4500
Euro 1.4870-1.5090
Sterling 1.7610-1.7830
WTI Oil (opening level) $75.59
The CAD is opening at 1.4407 ( 0.6941 )
I find myself writing down the same sort of ranges as I did a week ago. So the market has not moved a great deal on the news this week from the new Trump administration. Yes there is still uncertainty from the threats of tariffs down the road. But for now the traders have traders have seen the impact as non events-so far- and are anxiously waiting for more announcements over the next few weeks.
So expect the unexpected and trade cautiously..
Key Points
· Equities: US rally led by tech, Europe DAX at record highs, Asian tech profit-taking
· Volatility: VIX 15.10, reduced short-term fears but elevated tail-risk signals
· Digital Assets: Bitcoin $102K, SEC task force; BlackRock’s Fink bullish
· Currencies: US dollar rebounds after key test of support. JPY weak ahead of BoJ.
· Commodities: Crude drops amid ample supply; Trouble brewing in the EU gas market
· Fixed Income: US treasury yields continued their rebound. Short Japanese yields near cycle high.
· Macro events: US Weekly Jobless Claims, Eurozone Consumer Confidence
Today's expected range for the Canadian Dollar against the major currencies:
US Dollar 1.3350-1.3450
Euro 1.4450-1.4550
Sterling 1.6500-1.6600
Today's expected range for the Canadian Dollar against the major currencies:
US Dollar 1.3780-1.3970
Euro 1.4920-1.5110
Sterling 1.7900-1.8130
Today's expected range for the Canadian Dollar against the major currencies:
US Dollar 1.2700-1.2800
Euro 1.5450-1.5550
Sterling 1.6750-1.6850