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US President Trump says planning large safety surge in DC for 250th anniversary, adds will help New York and LA if requested

President Trump's announcement about a large safety surge in Washington, D.C.

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[MARKET UPDATE] Asia-Pac stocks begin mostly higher following the mild gains on Wall St, where the S&P 500 and NDX extended on record highs, but with the upside capped by higher oil prices and geopolitical uncertainty

US released another 53.3mln barrels from Strategic Petroleum Reserve to companies including Trafigura, Marathon Petroleum (MPC), and Exxon Mobil (XOM) in an effort to ease soaring fuel prices caused by the Iran war and disruptions in the Strait of Hormuz

US President Trump says planning large safety surge in DC for 250th anniversary, adds will help New York and LA if requested

BoJ Summary of Opinions from the April meeting noted a member said that given real interest rates are at a significantly low levels, it is appropriate for the BoJ to continue raising policy rates

Japanese Foreign Exchange Reserves (Apr) 1383.0B (Prev. 1374.7B)

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Context

could impact market sentiment, particularly if related to heightened security risks or civil unrest. This initiative may prompt investors to seek safe-haven assets like gold or the JPY while adding volatility to equities, particularly in urban areas mentioned, such as New York and Los Angeles. Overall, the context suggests a short-term focus on risk mitigation in response to domestic concerns, which could influence broader market dynamics.

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