GoldBlocks USD Price & Performance (GBUSD)

Davis Commodities Limited has announced the issuance of $30 million in new shares to support its growth strategy. The capital will be directed towards mergers and acquisitions, including a potential 49% stake in an agricultural trading firm, and investments in regional offices, aiming to enhance market presence and efficiency.1

The U.S. stock market has shed $4 trillion in value amid mounting recession fears tied to President Trump's tariff policies. Key indices like the S&P 500 and Nasdaq saw steep declines, with tech stocks such as Tesla and Nvidia leading losses. Investors remain wary of further economic fallout.2

The USD/CAD currency pair is consolidating as markets await U.S. and Canadian economic data and potential tariff developments. A breakout above 1.43100 could signal bullish momentum, while tariffs could heavily impact Canada's economy. The Bank of Canada is closely monitoring the situation ahead of its March meeting.3