FBI declares suspected Chinese hack of US surveillance system a "major cyber incident", Politico reports
The FBI's classification of the suspected Chinese hack as a "major cyber incident" signals heightened tensions between the US and China, potentially impacting geopolitical stability and investor sentiment.
TREASURY WRAP: T-NOTE FUTURES (M6) SETTLE 2 TICKS LOWER AT 110-31+
CRUDE WRAP: WTI (K6) SETTLES USD 1.26 LOWER AT 100.12/BBL; BRENT (M6) SETTLES USD 2.87 LOWER AT USD 101.16/BBL
FBI declares suspected Chinese hack of US surveillance system a "major cyber incident", Politico reports
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This escalation could drive safe-haven assets like gold and the USD higher, while tech stocks may face pressure due to concerns over cybersecurity risks and regulatory scrutiny.
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