US President Trump signs order on federal contracting

President Trump's signing of an order on federal contracting is likely aimed at reshaping government procurement processes, which could have implications for defense and infrastructure sectors. This move may influence market sentiment, particularly in equities, and could also affect USD dynamics depending on how it alters federal spending priorities. Traders should watch for potential volatility in sectors tied to government contracts and monitor cross-asset reactions, especially in commodities related to infrastructure projects.