American Market Recap | Trump announces 25% tariffs on all medium and heavy-duty trucks

Monday, 06 Oct, 2025 News Trump announces 25% tariffs on all medium and heavy-duty trucks Beginning November 1st, all medium and heavy-duty trucks coming into the US will be tariffed at 25% We will wait on the details but in the USA, the FHWA classifies Medium-duty truck = Classes 4–6, GVW News White House: Trade will be a topic of talks with Carney The White House is speaking about a few different things: Technical talks now happening on Gaza plan Administration working hard to move the ball forward We we want move very quickly on Gaza Trump wil Learn more Central Banks ECBs Lagarde:Disinflation process is over; inflation expected to remain around 2%. ECB's Lagarde is speaking at the Hearing of the Committee on Economic and Monetary Affairs at the European Parliament and comments: Euro Area Economic Outlook The euro area economy showed resilience , Cryptocurrency Bitcoin stretches toward record high. Bitcoin is extending to new highs on the day , and in the process is making a push toward the all-time high from Sunday at $125,725 . A break above that mark would be a significant technical milestone Technical Analysis USDCAD tests the 100 hour MA ....again The USDCAD tested its 100-hour moving average earlier today and found willing buyers , sparking a move higher. That rebound carried the pair back above the 200-day moving average for the second time i Stock market update Major European indices close lower. The major European indices are closing the day mostly lower. The best performer was the German DAX which closed unchanged. France's CAC fell -1.36% after its prime minister resigned and continued trou Stocks Critical Metals Corp sinks after White House official says US not weighing stake We are in a world of governments picking winners and losers so the name of the game in stock market investing is picking who the government is going to pick. It's a game of front-running Uncle Sam and Technical Analysis EURUSD Technicals: The EURUSD is running back higher and is back testing the 200 hour MA The EURUSD has staged an impressive recovery , reversing the sharp declines seen earlier in the European session. The rebound in the US session has now carried the pair back up to test the falling 200 Learn more Technical Analysis Gold Technicals: The sellers continue to lose as the trend continues with $4k in site The price of gold continues to power higher , with the market showing a consistent pattern of trend moves to the upside followed by only modest pullbacks . This dynamic has kept buyers firmly in contr

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