iSAM Securities Apex Integrates with CMC Markets to Expand Low-Latency Liquidity Access for Brokers

The Australian dollar weakened this morning to around $0.656, reversing gains from last week, as renewed tariff threats from Trump raise concerns of a potential global trade war. Trump has proposed a 200% tariff on Australian pharmaceuticals, which, if implemented, could cost the Australian economy up to A$2.8 billion.

It has been a week of small releases regarding what’s coming on the tariff front on August 1st, and the S&P 500 continues to tread water after briefly setting new all-time highs yesterday.

Small investor jitters around trade tensions remain, with the S&P 500 still holding just below last week’s record. Brazil is the latest nation to be hit by threats of significantly higher levies