Kevin Warsh indicated that the United States Federal Reserve (FED) may raise interest rates. Warsh, who is considered an influential figure in American monetary policy, hinted at this possibility during a public speech, which immediately generated reaction in the financial markets.
In Canada, the economy grew by 0.8% in the second quarter, indicating a positive performance of Canadian economic activity. This quarterly growth suggests a gradual recovery of the country's economy, although the details on the factors that drove this increase are not specified in the article.
In the oil market, crude is testing support at $80 per barrel. This level is considered technically important by analysts, as it represents a psychological and technical barrier that, if broken, may indicate a significant shift in oil price trends.
Regarding the precious metals market, gold renewed May highs, reaching new levels not seen since that month. This appreciation of gold typically reflects investors' demand for assets considered safer, especially during periods of economic uncertainty or when changes in monetary policies of major economies are anticipated.
