US President Trump denies involvement in the DoJ's issuance of federal subpoena to the Fed; issued subpoenas unrelated to interest rates
Trump's denial of involvement with the Department of Justice's subpoenas to the Federal Reserve might indicate attempts to distance himself from potential legal risks that could affect market perceptions of stability.
[MARKET ANALYSIS] Asia-Pac equities trade in the green across the board despite weakness stateside following Fed subpoenas and geopolitics
The US is to host a meeting on rare earths this week, according to Bloomberg
US President Trump denies involvement in the DoJ's issuance of federal subpoena to the Fed; issued subpoenas unrelated to interest rates
US President Trump says Iran has proposed negotiations after US leader threatened action on Tehran for crackdown on protesters, AP News reports
US President Trump said he might block Exxon (XOM) from drilling in Venezuela following comments by the Co.'s CEO, according to the WSJ
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This situation, while not directly linked to interest rates, could trigger volatility in sentiment across various asset classes such as equities and currencies, especially if political tensions rise. Traders should monitor how this impacts risk appetite and market flows into safe-haven assets like gold and the USD.
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