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Candada doesn't want a 'partial' trade agreement with the US
Yahoo Finance· 2026-07-21 18:10
And you know, what the issue has been for us has been a comprehensive agreement. We understand the US approach to strategic sectors, what they call strategic sectors. They are strategic sectors, but under their definition 232 definitions, that's aluminum, that's forest products, that's steel, that's automobiles, pharmaceuticals, copper, others.But those first four being the most important for the Canadian economy. And that uh we don't want a partial agreement. We want something that addresses those sectors ...
Red Sea Threat Puts Oil Traders on Alert | Insight with Haslinda Amin 7/21/2026
Bloomberg Television· 2026-07-21 07:11
Market Trends and Macroeconomic Outlook - Asian stock markets show signs of recovery driven by a rebound in the semiconductor sector and easing oil prices [1] - Geopolitical tensions in the Red Sea, specifically threats from the Houthis, pose a significant risk of triggering a major oil price shock [1] - Former Federal Reserve Vice Chair Richard Clarida highlights ongoing concerns regarding oil price volatility and its potential impact on inflation [1] - Artificial Intelligence (AI) is identified as a contributing factor to current inflation pressures [1] Financial and Industry Performance - India's central bank reports a net inflow of $17.4 billion in foreign exchange deposits [1] - JSW Steel reports stronger-than-expected earnings, reflecting positive momentum in the steel sector [1] - Steel industry outlook remains focused on monitoring demand and pricing trends to gauge future growth [1] Geopolitical and Social Context - Australia’s Foreign Minister Penny Wong emphasizes support for a two-state solution amid concerns over increasing destabilizing acts across Asia [1] - Student protests in Delhi have escalated, resulting in police intervention involving batons and tear gas [1]