Japan's Trade Deal a Positive Surprise for Markets, Analysts Say
US President Donald Trump said he had reached a trade deal with Japan that would set US tariffs on its goods at 15%, a relative reprieve from earlier threats of 25% tariffs. The deal came just days after the party of Prime Minister Shigeru Ishiba failed to win a majority in an upper house election, raising questions about how long he will remain in power.
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Why Solana Is Sinking Today
Key Points Valuations for Solana and other top cryptocurrencies are dipping today following new information in Tesla's quarterly report. Tesla sold 75% of its Bitcoin holdings in the second quarter. Despite some recent pullbacks, the crypto market has been on an impressive run -- and it's got a big test coming up at the end of this month. 10 stocks we like better than Solana › Solana (CRYPTO: SOL) is selling off Friday amid valuation pressures impacting the broader cryptocurrency market. The token was down 2% over the past 24 hours as of 5:20 p.m. ET. Meanwhile, Bitcoin was down 1.3%, and Ethereum was down 0.3%. Top cryptocurrencies are seeing sell-offs today following Tesla's disclosure that it had sold 75% of its Bitcoin holdings in the second quarter. The crypto market has seen a significant recovery since the morning trading hours, but Solana is still in the red. Solana slips as Tesla discloses Bitcoin sale With the Q2 report Tesla issued yesterday, the company showed that it had sold 75% of its Bitcoin holdings in Q2. The news has caused investors to become more cautious about valuations in the crypto market today, and Solana is seeing a moderate valuation pullback in conjunction with the trend. The cryptocurrency market has generally been on an impressive bull run, with Bitcoin's march above $123,000 per token and favorable political developments helping to power strong gains. On the heels of the rally, investors are taking profits, easing off on purchases, and waiting for indicators about where valuations might be heading next. What's next for Solana? Solana has climbed roughly 20% over the last three months, but it's still down 4% across this year's trading. The token now has a market capitalization of roughly $99 billion, and it ranks as the sixth-largest cryptocurrency by valuation. The Federal Reserve's Federal Open Market Committee (FOMC) will meet on July 28 and July 29 and make a determination about whether to cut interest rates. Expectations that the FOMC will cut rates multiple times before the year is over have likely already factored in to gains for Solana and other cryptocurrencies over the last several months, but the upcoming Fed meeting still looks like the next big catalyst for the crypto market. Should you invest $1,000 in Solana right now? Before you buy stock in Solana, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Solana wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $636,774!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,064,942!* Now, it's worth noting Stock Advisor's total average return is 1,040% — a market-crushing outperformance compared to 182% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and Solana. The Motley Fool has a disclosure policy. Why Solana Is Sinking Today was originally published by The Motley Fool
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U.S. imposing 20.56% anti-dumping duties on Canadian softwood
VANCOUVER — British Columbia lumber organizations are condemning the decision by the U.S. Commerce Department to raise anti-dumping duties on Canadian softwood to 20.56 per cent, calling them unjustified, punitive and protectionist. The B.C. Council of Forest Industries issued a statement Friday saying the trade action will harm workers, families and communities across the province and Canada. The council is calling on the Canadian government to make finding a resolution to the softwood dispute a top national priority, saying the latest escalation from the Commerce Department shows they can't wait for the United States to act. The B.C. Lumber Trade Council says in a separate statement that if the U.S. department's pending review on countervailing duties is in line with its preliminary results, the combined rate against Canadian softwood shipped to the United States will be well over 30 per cent. Prime Minister Mark Carney said earlier this month that a future trade agreement with the United States could include quotas on softwood lumber, an area that has caused friction between two countries for years before the latest trade war. The American department had issued a preliminary anti-dumping rate in March of 20.07 per cent, up from 7.66 per cent set three years before, which is in addition to the countervailing duties of 6.74 per cent. "This decision represents yet another example of ongoing U.S. protectionism at a time when cross-border co-operation should be a shared priority," the statement from the B.C. Lumber Trade Council said. The B.C. Council of Forest Industries said the provincial government could make a number of changes that would help the industry keep mills operating. By activating timber sales, fast-tracking permits and cutting through regulatory gridlock, it said B.C. could send a signal that it is serious about rebuilding a sustainable forest sector. "These unjustified and punitive trade actions continue to harm workers, families, and communities across British Columbia and Canada — and have gone unresolved for far too long," the statement from the council said. This report by The Canadian Press was first published July 25, 2025. The Canadian Press Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Soybeans Continue Losses into the Weekend
Soybeans were under pressure heading into the weekend, with contracts down 3 to 6 cents, as August was down 29 cents on the week and November slipping just 14 ¾ cents. The cmdtyView national average new crop Cash Bean price is down 3 3/4 cents at $9.70 3/4. Soymeal futures were back down $1.60 to $1.80/ton, as August was $6.20 lower on the week. Soy Oil was 22 to 23 points lower on Friday, but managed 67 point gains this week. USDA reported a private export sale of 142,500 MT of soybeans sold to Mexico this morning for new crop shipment. More News from Barchart Coffee Prices Settle Higher on Brazil Weather Risks Grain Market Update: Where are Soybean, Corn, and Wheat Prices Headed? Cocoa Prices Finish Sharply Lower as Chocolate Demand Wanes Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! As we round out July, rain is expected to make its way from the northern Plains most of the Eastern Corn Belt in the next week, with 1 to 2 inches. Weekly Commitment of Traders data indicated a total of 21,412 contracts were cut from the managed money net short position in soybean futures and options as of July 22. That took their net position to 10,886 contracts by Tuesday. Export Sales from Thursday tallied the marketing year commitments for shipped and unshipped sales at 50.809 MMT, which is just over the USDA export projection. Shipments according to FAS data are 46.831 MMT, which is 92% of the expected number and behind the 93% average pace. Aug 25 Soybeans closed at $9.98 3/4, down 5 1/2 cents, Nearby Cash was $9.65 1/4, down 4 1/2 cents, Sep 25 Soybeans closed at $10.02, down 3 3/4 cents, Nov 25 Soybeans closed at $10.21, down 3 1/4 cents, New Crop Cash was $9.70 3/4, down 3 3/4 cents, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
