US Senators push for USD 70bln funding deal to support US President Trump's critical minerals agenda, FT reports

The push for a USD 70 billion funding deal to support President Trump’s critical minerals agenda highlights a significant government initiative to bolster domestic supplies, potentially impacting resource-dependent sectors.

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Russia's Kremlin says it has not seen any new developments when it comes to India and Russian oil

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US Senators push for USD 70bln funding deal to support US President Trump's critical minerals agenda, FT reports

EU Inflation Rate YoY Flash (Jan) Y/Y 1.7% vs. Exp. 1.7% (Prev. 2.0%, Rev. From 1.9%, Low. 1.5%, High. 2.1%)

EU PPI MoM (Dec) M/M -0.3% vs. Exp. -0.3% (Prev. 0.7%, Rev. From 0.5%)

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This could lead to increased volatility in related commodities and currencies, particularly if successful in reshaping trade dynamics or supply chains. The geopolitical implications may also affect investor sentiment across equities and forex markets, especially in the US and allied nations.

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