News

Bank of Montreal: The latest U.S. tariffs could reduce Canada's annual economic growth.

According to Axios: Two U.S. officials confirmed that Trump's earlier announcement that all mines in the Strait of Hormuz had been cleared is true. The U.S. Navy has cleared the central channel of the Strait of Hormuz, the main shipping route connecting Iran and Oman for merchant vessels.

US President Trump: The US is going to make a fortune in the Middle East and the Gulf region.

SpaceX (SPCX.O): Will build a new Starship launch site in southern Louisiana, USA.

Federal Aviation Administration Administrator Bedford: Following the "Marine One" incident, the relevant antennas were moved and some operating procedures were adjusted.

Canadian minister: pledges to retaliate against any new U.S. tariffs targeting the auto industry.

Canadian Industry Minister Jolly: We have taken wise and strategic steps in retaliating against tariffs.

Canadian Industry Minister Jolly: The retaliatory tariffs are intended to exert political pressure on certain states.

Market news: A U.S. Air Force Boeing C-17 military transport plane has taken off from Moscow's Vnukovo Airport; it is unclear whether the CIA director is on board.

U.S. Treasury yields continued to decline, with the 10-year yield falling 6 basis points to 4.64%.

Iranian Foreign Ministry Spokesperson: Those who like to "follow in the shadows" might say, "It's nothing" about the so-called "economic D-Day" in the US. But wait, it's not that simple. When a bully declares that every bank, every company, every port, and every government must choose between obeying Washington's will and enduring US retaliation, it's no longer just an Iranian issue. It's about destroying the most fundamental rule of international law and the UN Charter: respect for the sovereign equality and self-determination of all states. Any normal country that values ​​its own sovereignty and national interests will not accept the normalization of such serious violations and systemic bullying. Canada is already one of the countries learning this lesson.

The German DAX 30 index closed up 155.76 points, or 0.60%, at 26,274.75 on Tuesday, August 25th; the UK FTSE 100 index closed up 33.60 points, or 0.31%, at 10,887.92 on Tuesday, August 25th; and the FCHI index closed down 13.81 points, or 0.16%, at 8,439.20 on Tuesday, August 25th. The Euro Stoxx 50 index closed up 10.77 points, or 0.17%, at 6458.75 on Tuesday, August 25; the Spanish IBEX 35 index closed down 33.01 points, or 0.16%, at 20065.59 on Tuesday, August 25; and the Italian FTSE MIB index closed up 209.82 points, or 0.40%, at 52752.00 on Tuesday, August 25.

The percentage of US Treasury bonds auctioned for the six weeks ending August 25 was 27.88%, compared to 37.04% previously.

The US Treasury auction for the six weeks ending August 25th yielded a winning bid of 3.65%, unchanged from the previous week.

US Treasury auction for the six weeks ending August 25 - bid-to-cover ratio 2.71, compared to 2.97 previously.

According to Interfax news agency: Russia claims to have hit two ships in the port of Pivden, Ukraine.

Canadian Finance Minister: U.S. tariffs will have a real impact on Canada, and we must respond.

The Canadian government announced that starting September 8, it will impose retaliatory tariffs of 15%, 25%, or 50% on approximately 700 products.

Nvidia: Cognex, Doosan Bobcat, and Matic, a Silicon Valley home cleaning robot startup, will adopt Jetson Orin Nano 2.

NVIDIA (NVDA.O): Jetson Orin Nano 2 modules and kits are expected to launch in the first half of 2027.