Author: Robert Jessi

Form 6K MDA Ltd For: 22 June

Silver price (XAG/USD) advances after three days of losses, hovering around $66.00 per troy ounce during the European hours on Monday. However, Silver price gains ground as oil prices and inflation concerns ease following a positive development regarding the United States (US)-Iran peace deal.Mediators Qatar and Pakistan issued a joint statement from Switzerland announcing that both Washington and Tehran have agreed to a formal roadmap aimed at securing a final peace agreement within the next 60 days.Additionally, Iranian Foreign Minister Abbas Araqchi confirmed that the diplomatic progress yielded several major concessions for his country. In addition to the vital export…

MUFG’s Lee Hardman notes the US Dollar remains firm after last week’s breakout, driven by a hawkish repricing of Fed rate hike expectations and a rebound in US yields. Markets now see roughly even odds of a near-term Fed hike, even as Oil prices fall on progress in US-Iran talks. MUFG highlights that lower energy prices and fading tariff effects could later reduce the need for further tightening.Dollar supported by yields and Fed repricing”The US dollar has continued to trade at stronger levels overnight after breaking higher least week triggered by the hawkish repricing of Fed rate hike expectations.””The latest…

The textbook calls the Canadian Dollar a petro-currency, which means that with a Middle East war keeping Crude Oil bid, the Loonie should be holding its own. Instead it spent this week sliding to a fresh 14-month low against the Greenback, capping a run in which the US Dollar has closed higher in six of the last seven weeks. The textbook is wrong, at least for now: the Loonie has quietly stopped trading like a Crude Oil proxy, with its weakness driven by two forces that have nothing to do with the price of a barrel.A petro-currency in name onlyFor…

Good morning. I’m pleased to be here with Senior Deputy Governor Carolyn Rogers to discuss today’s monetary policy decision. Governing Council maintained the policy interest rate at 2.25%. Since our April decision, the economic impact of the ongoing conflict in the Middle East has increased. Higher energy prices and disruptions in global supply chains are weighing on global growth and pushing up inflation. At the same time, the US administration continues to propose new tariffs and trade policy uncertainty remains elevated. Against this backdrop, the Canadian economy has remained soft and inflation has increased. Monetary policy continues to be focused…

From @LiveSquawk|Jun 11, 2026|2 comments #OOTT | Energy Executives Have Warned The White House Of Dwindling Oil Reserves, Sources Say – @CNN US ENERGY EXECUTIVES WARNED THE WHITE HOUSE THAT OIL RESERVES BEING USED TO HELP CONTAIN THE IMPACT OF THE IRAN CONFLICT ON ENERGY PRICES ARE RUNNING DANGEROUSLY LOW, ACCORDING TO CNN. INDUSTRY STOCKPILES COULD FALL TO CRITICAL LEVELS WITHIN WEEKS, INCREASING PRESSURE ON THE ADMINISTRATION TO FIND A PATH TOWARD EASING THE CONFLICT AND STABILIZING GLOBAL OIL MARKETS. – CNN

Cryptocurrencies and blockchain technology have increasingly become part of Canada’s core financial system over the past year.In November, the country introduced stablecoin regulations as part of the Canada Stablecoin Act. Introduced as part of the budget, it gives the Bank of Canada the power to regulate stablecoins in the country.Elsewhere, policymakers are finalizing amendments to laws for crypto asset funds, including those for cold wallets and custodians.The changes highlight a pragmatic, but regulation-first approach to crypto, which observers have come to expect from Prime Minister Mark Carney’s government. Increased scrutiny and new standards for crypto raise the barWhen Canadian Prime…

By Alun John LONDON, June 18 (Reuters) – The agreement between the United States and Iran to end their war, and the subsequent fall in oil prices, are good news for central bankers worried that high energy costs will spill over into broader price pressures. Still, four developed market central banks are in hiking mode already, and ‌several others, including the U.S. Federal Reserve, said this week they stood ready to act if inflation built. Here’s where central banks in the Group of 10 developed economies ‌stand, ranked from the highest policy rate to the lowest. 1/ AUSTRALIA The Reserve…

Investing.com — Canada has imposed a temporary 10% tariff on imports of canned vegetables to protect domestic growers and food processors, Bloomberg reported on Friday, citing a statement from the Department of Finance. The safeguard measure took effect on June 19 and will remain in place for up to 200 days. Officials said the action follows an investigation launched earlier this year into possible trade diversion affecting the domestic market. According to the finance ministry, World Trade Organization rules allow countries to impose safeguard measures when rising imports threaten to cause serious harm to domestic producers. The tariff will not…

Enter pop-up weddings, which streamline the whole planning process for a single fee. When you book a pop-up wedding, you’re sharing the date and venue with other couples, staggering your events throughout the day. We spoke with Alicia Thurston, CEO and Creative Director of the Pop-Up Chapel, Canada’s first all-inclusive micro-wedding company, to find out how this modern model is shaking up the wedding industry. How much does a wedding cost in Canada? Between the venue, officiant, flowers, photographer, music and entertainment, food and wedding cake, and formal clothing, wedding costs add up quickly. The average traditional wedding in Canada…