US President Trump says Cuba is going to be next and within a short period of time, Cuba is going to fail

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US President Trump claimed Middle East countries are fighting back against Iran

US Treasury is to meet with domestic and international insurance regulators in coming weeks to discuss recent developments in private credit markets

US President Trump says Cuba is going to be next and within a short period of time, Cuba is going to fail

BoJ Governor Ueda says BoJ will guide policy appropriately by scrutinising how FX moves could affect the likelihood of achieving growth and price forecasts as well as risks

Japan's top FX diplomat Mimura says bold action may be needed if the situation in the Middle East continues, adds hearing that speculative activity is increing and targeting all fronts in market for action

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Context

President Trump's comments about Cuba signal a potential escalation in U.S. foreign policy that could affect market sentiment across various asset classes. This rhetoric may heighten tensions, prompting investors to seek safe-haven assets like gold or the dollar while weighing risks in equities and commodities. Keep an eye on how this influences currency pairs and market volatility throughout the session.

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