TRUMP SAYS THE U.S. IS VERY NEAR TO SECURING A DEAL WITH CANADA AND HAS THE IDEA OF “A VERY GOOD DEAL,” ADDING HE JUST HAD A PRODUCTIVE DISCUSSION WITH ISRAEL’S NETANYAHU THAT COVERED IRAN TOPICS

President Trump stated that the U.S. is "very near" to securing a trade deal with Canada, describing it as "a very good deal," and said he had a productive discussion with Israeli Prime Minister Netanyahu that covered Iran-related topics. The headline offers no details on deal terms, sectors, or tariff levels, so the market transmission is primarily through trade-policy expectations and geopolitical risk premia. A U.S.-Canada agreement would likely affect cross-border sectors such as autos, energy, lumber, and agriculture, and could lower tariff-driven uncertainty that has weighed on the Canadian dollar and Canadian equities. The Iran references feed into oil markets, where any perceived shift in Middle East tensions tends to move crude prices and, by extension, inflation expectations and energy equities. The next concrete catalyst to watch is any formal announcement or published text of the Canada agreement, along with official comment from Israeli or Iranian officials on the Netanyahu discussion.

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