South African local currency unit, the rand, strengthened against crosses – the US dollar, the European

Global markets are pivoting around central bank policy expectations and the prospect of a US-Iran deal

A more challenging and increasingly bifurcated backdrop for U.S. credits is reflected in Fitch Ratings

The global equities markets rally, with Wall Street closing higher following SpaceX’s initial public offering, supporting investor optimism.

Global equities opened on a mixed note after renewed tensions between the US and Iran weighed on sentiment, while investors reacted to a sharp surge in oil prices.

Canadian banks saw mixed results for 2Q26, according to Fitch Ratings. Most institutions reported modestly lower top-line numbers, primarily driven by three fewer calendar days in the quarter and pressure on net interest income.