US President Trump on US-Russia nuclear treaty, says "If it expires, it expires", via NYT interview; doesn't need inernational law

Newsquawk Staff · 8 Jan 2026, 19:39 UTC

US President Trump on US-Russia nuclear treaty, says "If it expires, it expires", via NYT interview; doesn't need inernational law.

What it means

President Trump's comments regarding the US-Russia nuclear treaty signal a potentially significant shift in diplomatic relations, reflecting a stance that may escalate tensions or prioritize national sovereignty over international agreements. This could impact various assets, particularly safe havens like gold or the USD, as market participants reassess risk dynamics surrounding geopolitical stability.

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US Market Open, 6 Nov, 10:48 UTC · what it led with

APAC stocks were pressured; KOSPI slumped 6% following hefty losses in Samsung and SK Hynix.
USD is firmer against all G10 peers awaiting the US NFP report.

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FX headlines from our feed, and what the market did next.

Iranian President Pezeshkian says the Supreme Leader has granted the government some authority on dialogue, ISNA reports.
EUR/USD+0.1%
ECB policymakers see a December rate hike followed by a pause; New ECB staff estimates show the rise in bond yields cutting growth by a cumulative 100bps and inflation by 90bps in 2027-28 vs the September baseline, according to reports, citing sources.
EUR/USD−0.1%
ECB President Lagarde (Q&A) says policymakers believe they are in a good position to wait for incoming information. The situation they are in could have warranted a hike.
EUR/USD+0.1%

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