Canada

America’s reliance on foreign capital is drawing sharper attention as federal debt rises beyond $40 trillion and interest costs exceed $1 trillion a year. With Jackson Hole followed by Fed meetings on September 15-16 and October 27-28, gold and silver traders are watching for a potential repricing in yields, the dollar and precious metals.

America’s growing reliance on foreign capital is becoming a central macro risk as federal debt crosses $40 trillion and interest costs exceed $1 trillion. Gold and silver traders are watching Treasury yields, the dollar and a series of Federal Reserve catalysts for signs of a larger repricing ahead.

USD/MXN is trading near territory last seen in June of 2024 as broad U.S. dollar weakness continues to shape short-term sentiment. Traders are watching whether the pair can hold below 16.95000 and whether a move toward 16.90000 attracts fresh volatility before the Fed’s Jackson Hole Symposium.

Coinbase Canada’s new CEO Eric Richmond says the exchange wants to bring more advanced crypto products to Canadian users, including derivatives, decentralized finance services and tokenized assets. He argues that Canada needs a permanent, harmonized digital asset framework rather than relying on temporary exemptions and fragmented guidance.

The silver market is heading toward another annual deficit while North American trade rules enter a more uncertain phase. Mexico, the largest silver producing country, now sits at the center of a yearly USMCA review cycle that could shape investor risk premiums.

HIVE has secured a $220 million sovereign AI infrastructure deal in Canada with Bell Canada and Cohere. The agreement is expected to lift annual recurring revenue by about $70 million.

Robinhood expands internationally with a $179 million acquisition of WonderFi, owner of Bitbuy and Coinsquare, aiming to strengthen its position in Canada’s growing crypto market.

British Columbia upholds its Bitcoin mining ban despite Vancouver's "bitcoin-friendly" ambitions, prioritizing clean energy and energy regulation policies.

Balance, Canada’s newly-qualified crypto custodian, seeks to repatriate Canadian ETF assets from U.S. sub-custody with firms like Coinbase and Gemini.