Canada Retail Sales Pull Back After Rising 1% in August

In a surprising move, former President Donald Trump announced that he is halting trade negotiations with Canada, a decision that could have significant implications for both economies. This development matters because it may disrupt existing trade agreements and impact industries reliant on cross-border commerce, raising concerns among businesses and consumers alike.

A major lithium company has expressed optimism over a new minerals pact between the U.S. and Australia, highlighting its potential to stabilize prices in the volatile market. This agreement is significant as it aims to enhance cooperation in the critical minerals sector, which is essential for the growing electric vehicle industry. The partnership could lead to increased supply chain security and reduced dependency on other countries, making it a pivotal moment for both nations and the global push towards sustainable energy.

A major lithium company has expressed optimism about a new minerals pact between the U.S. and Australia, highlighting its potential to stabilize prices in the volatile market. This agreement is significant as it aims to strengthen supply chains and ensure a steady flow of essential materials for electric vehicle batteries, which are crucial for the transition to renewable energy. The collaboration between these two countries could lead to increased investment and innovation in the lithium sector, benefiting both economies and supporting global sustainability efforts.

Gold prices are on track for their first weekly drop in ten weeks, as investors await crucial US Consumer Price Index (CPI) data. This decline is significant as it reflects market uncertainty and could influence future investment decisions. The CPI data is expected to provide insights into inflation trends, which are critical for gold's appeal as a hedge against rising prices.

The IMF has issued a warning regarding the Asia-Pacific economies, which performed better than anticipated in the first half of the year. However, they caution that the full impact of U.S. tariff increases is yet to be felt, suggesting a potential slowdown in growth. This is significant as it highlights the ongoing uncertainties in global trade and the economic challenges that could arise from these tariffs.

In a surprising turn of events, former President Donald Trump announced that trade talks with Canada have been 'terminated' due to an advertisement featuring Ronald Reagan criticizing tariffs. This development is significant as it highlights the ongoing tensions between the U.S. and Canada regarding trade policies, which could have broader implications for economic relations in North America.

The recent US sanctions on Russia's largest crude oil producers have sent shockwaves through global energy markets. Implemented on October 22, these sanctions raise critical questions about their potential impact on oil supply and prices worldwide. As countries and businesses adjust to these changes, the situation underscores the interconnectedness of global energy dynamics and the ongoing geopolitical tensions.

China's Commerce Minister has expressed optimism about the upcoming trade negotiations with the US, suggesting that both nations can find common ground. This is significant as it indicates a willingness to engage in dialogue and potentially resolve ongoing trade tensions, which could benefit both economies and foster better international relations.

In a surprising move, former President Donald Trump announced that he is halting trade negotiations with Canada, a decision that could have significant implications for both economies. This development matters because it may disrupt existing trade agreements and impact industries reliant on cross-border commerce, raising concerns among businesses and consumers alike.

A recent bill for West Bank annexation, passed by right-wing rivals of Israeli Prime Minister Benjamin Netanyahu, has sparked significant backlash from the United States. President Trump has made it clear that he opposes the annexation, stating it won't take place. This development is crucial as it highlights the ongoing tensions between Israeli politics and U.S. foreign policy, potentially impacting future diplomatic relations.

Barclays has raised its stock price target for SAP to €348, highlighting the company's strong growth in the cloud sector. This adjustment reflects confidence in SAP's ability to capitalize on the increasing demand for cloud services, which is crucial for its future profitability. Investors may see this as a positive sign, indicating that SAP is well-positioned to thrive in a competitive market.

Barclays has reinstated its coverage of DoorDash with an Equalweight rating, following the recent deal with Deliveroo. This move is significant as it reflects Barclays' confidence in DoorDash's market position and potential for growth. Investors may find this news encouraging, as it suggests that DoorDash is well-positioned to navigate the competitive landscape of food delivery services.

A major lithium company has expressed optimism over a new minerals pact between the U.S. and Australia, highlighting its potential to stabilize prices in the volatile market. This agreement is significant as it aims to enhance cooperation in the critical minerals sector, which is essential for the growing electric vehicle industry. The partnership could lead to increased supply chain security and reduced dependency on other countries, making it a pivotal moment for both nations and the global push towards sustainable energy.

A major lithium company has expressed optimism about a new minerals pact between the U.S. and Australia, highlighting its potential to stabilize prices in the volatile market. This agreement is significant as it aims to strengthen supply chains and ensure a steady flow of essential materials for electric vehicle batteries, which are crucial for the transition to renewable energy. The collaboration between these two countries could lead to increased investment and innovation in the lithium sector, benefiting both economies and supporting global sustainability efforts.