š Weekly Snapshot
Markets in North America and Europe cheered a new U.S.āEU trade frameworkāCanadaās TSX hit fresh highs as global sentiment improved ahead of the AugustāÆ1 tariff deadline. Crypto rallied on policy optimism, tech stocks led gains, and Canadian real estate remained on investorsā radar. ā Your fun, curated summary from BxB Investing
š„ Leading Story
Trade Deal Sparks TSX Rally & Global Optimism
Canadaās S&P/TSX Composite leaped to record territory as the U.S. and EU reached a trade agreement featuring a 15% tariff on most EU imports, matched by massive EU investments (~$600B in U.S.) boost. TSX futures rose +0.2ā0.5% mid-week amid hopes of smoother trade and tariff clarity. The Times+5Reuters+5Saxo Bank+5Investopedia+2Axios+2Bloomberg.com+2
šø Top 5 Stories
- U.S.āEU Framework Deal
The trade pact eases fears of 30ā50% levies, though uncertainty persists for Canadian exporters negotiating their own terms. Edward JonesSaxo Bank - Tariff Risks & Bond Dynamics
Economists warn of continued volatility as Treasury yields hover near 4.3ā4.4% and trade policy remains unpredictable. JPMorgan Chase+6BlackRock+6Axios+6 - Fed & BoC Hold Steady
Both central banks paused rate changes: the Fed votes saw dissent, while Canada signaled readiness to cut if conditions soften. Investing.com CanadaThe Times - Crypto Party Continues
Bitcoin and Ethereum pushed higher on hopes for stablecoin clarity and favorable U.S. policy, led by investor speculation. CoinDesk flagged $116K BTC highs. Reuters+8CoinDesk+8CoinDesk+8 - Real Estate Watch: Canadian Fundamentals
While TSX gains parallel optimism, underlying Canadian housing trends show flattened prices, rising mortgage risk concerns flagged by the IMF. BNN Bloomberg+1Nasdaq+1Wikipedia
š Top 5 Movers
| š Ticker | Company | Theme |
|---|---|---|
| MSFT | Microsoft | AI & earnings strength |
| META | Meta Platforms | Ad rebound & cost control |
| SHOP.TO | Shopify (Canada) | Eācommerce bounce |
| FN.TO | First National Financial | Acquisition fueling stock lift |
| BCH.TO | Bank of Canada (BoC effect) | Rate pause support |
ā TSX names mostly boosted by trade optimism and earnings; U.S. tech powered by AI momentum. PwC+5Edward Jones+5Axios+5BNN Bloomberg+2Reuters+2Investing.com Canada+2BNN Bloomberg
š Macro Focus: Tariffs & Market Regime Shift
BlackRock warns of a āfragile equilibriumā as U.S. tries to manage tariffs, debt, and inflationāall while global supply chains remain brittle. Volatility could rise, but themes like AI may offer steadier return paths. BlackRock
š¬ Quote of the Week
āWe enter the second half ofāÆ2025 with expectations for continued volatility but a longerārun outlook for strength in equities.ā ā Tony DeSpirito, BlackRock Nasdaq+2BlackRock+2Edward Jones+2
