Trump Trade Talks and Diesel Price Pressures Dominate Weekend Headlines

President Donald Trump stated that Canadian officials could approach the US within the next three to four weeks to resolve the ongoing trade dispute. The administration expects Canada to initiate the next stage of negotiations, seeking a fair agreement and aiming to 'get rid' of all tariffs.

Diesel prices remain elevated despite the US producing more fuel than it consumes. The central issue is distribution, with the cost of moving fuel to coastal regions adding pressure to prices.

The price of gold has been trading about 25% below its January high, and markets have placed the odds of a Federal Reserve rate increase at 70%. This puts gold's performance and Treasury yields under closer scrutiny.