US President Trump affirms that he will announce Fed chair pick soon
President Trump's affirmation regarding an imminent announcement of the new Fed chair could heighten uncertainty in markets, particularly influencing expectations around Fed policy.
PRE-MARKET JAPANESE AND SOUTH KOREAN STOCKS NEWS: US President Trump said "We'll work something out" regarding the South Korean tariff threat
US SEC charges Archer Daniels Midland (ADM) and three former executives with accounting and disclosure fraud
US President Trump affirms that he will announce Fed chair pick soon
PRE-MARKET AUSTRALIAN STOCKS NEWS: Woodside Energy (WDS AT) Q4 output fell 4% Q/Q to 48.9mln BOE, while FY 2025 production rose to a record 198.8mln BOE (vs guidance of 192mln-197mln BOE)
UK PM Starmer delays decision on Chinese-built wind farm factory after security fears, according to The Times
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The timing and choice of the nominee may significantly impact interest rate trajectories, which in turn could have cascading effects on the USD, equities, and fixed income markets as traders reevaluate their positions based on perceived monetary policy shifts.
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