Earlier comments from Reserve Bank of Australia Assistant Governor (Financial Markets) Christopher Kent
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- market expectations for federal reserve rate cuts should be already priced into currencies
- RBA will adjust policy if needed to meet targets
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WSJ reported Trump and Senate Democrats struck a shutdown-avoidance deal
Trump signals talks with Iran amid rising military tensions Any move toward dialogue could temper geopolitical risk premiums, particularly in oil markets
PBOC sets USD/ CNY reference rate for today at 6.9678 (vs. estimate at 6.9459)
Trump threatens 50% tariffs on Canadian jets! Over 400 Canadian-made planes fly to US airports. Watch this trade spat unfold.
USD has jumped on rumors Kevin Warsh will be new Fed Chair, announcement due Friday
Gold surges 1.4% on geopolitical fears & Fed rate cut hopes, hitting record highs. Silver up 2.4%.
Trump Org sues IRS for $10B over tax records leak; market impact uncertain, watch for regulatory shifts.
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