White House Press Secretary says US President Trump will focus on energy and deregulation this week; will hold a "clean beautiful coal" event on Wednesday afternoon
Newsquawk Staff ·
- Trump to sign off scrapping of climate rules on Thursday,
What it means
The announcement about President Trump's focus on energy and deregulation suggests a potential shift toward pro-fossil fuel policies, particularly with the planned "clean beautiful coal" event. This could have implications for energy markets, particularly coal and oil, affecting price dynamics and investment sentiment, while also stirring discussions on environmental regulation and its long-term sustainability. Traders should watch for reactions in related equities and commodities, as well as any shifts in USD dynamics due to broader policy changes.
- Dutch PM says no European ally is willing to buy Russian crude
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- Ukrainian President Zelensky says negotiations between Ukraine, Russia and the US could take place as early as November 10th
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- Israeli election results show Netanyahu's bloc with 53 seats, Eisenkot's bloc with 47 and Arab parties with 19, following the counting of all votes excluding double-envelope ballots, i24 reports
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