American Market Recap: USDMCA: US did not agree to renew USMCA in current form.

Wednesday, 01 Jul, 2026 News USDMCA: US did not agree to renew USMCA in current form. As per earlier reports, US official says that the US did not agree to renew USMCA in current form United States will continue to engage with Mexico and Canada to address agreements shortcomings and he News U.S.-Iran talks focus on Hormuz as toll dispute threatens nuclear deal Meetings involving U.S., Iranian, and Qatari technical teams have started following discussions between U.S. envoys and Qatari leaders. Doha talks underway: U.S. and Iranian negotiators resumed talks Learn more Central Banks Atlanta Fed GDPNow tumbles to 1.2% from 2.5% last. The Atlanta Fed GDPNow growth estimate for Q2 tumbled to 1.2% from 2.5% last. In their own words: The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter News Fox Reporting: Trump decided not to renew USMCA Fox's Edward Lawrence is reporting that Pres. Trump has decided not to renew the USMCA opting instead to making individual deals with Canada and Mexico that last 10 years In other news: Based on the f Stock market update Major US indices erase their losses. Trade to new session highs The broader US indices are erasing their earlier declines. The Dow industrial average is now trading up 206 points or 0.40%. The S&P index is up 16.45 points or 0.22%. The NASDAQ index is trading Technical Analysis USDCAD stalls below triple-top resistance as Canada Day trading thins The USDCAD is modestly higher on the day, but has surrendered most of its earlier gains during the North American session as Canadian markets remain closed for the Canada Day holiday. From a technical Central Banks ECB's Kassik: One more rate hike remains a reasonable expectation ECB's Kassik: One more rate hike remains a reasonable expectation Expects to have a clearer picture on wage developments by the autumn. Believes the conflict is unlikely to have a lasting impact on oi Stock market update Tech sector gains: Consumer electronics and software shine amid semiconductor woes Sector Overview The US stock market today presents a vivid landscape of contrasts. Technology stocks show a mixed performance, with semiconductor companies experiencing notable losses. Micron Techn Learn more News EIA weekly crude oil inventories -3.775 million versus -4.466 million estimate Crude oil inventories -3.775 million versus -4.466 million estimate. Gasoline -2.333 million vs -1.021 million estimate. Distillates +2.483 million vs -0.513 million estimate. Crude oil futures were

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