Trump was his usual delusional self over the weekend:
Expect more of the same when he speaks on the telly soon. Still, markets seem to like his reassurance.
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An hour after the Globex open Trump will be speaking in an interview on 60 Minutes
- US futures markets open at 6pm US Eastern time on Sunday, Trump speaks at 7pm
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- US sells 30-year bonds at 5.020% vs 5.008% WI
- U.S. Treasury to auction off $22 billion of 30 year bonds at the top of the hour
- US 30 year fixed-rate mortgage averages 6.52% up from 6.48% last week
- USDCHF buyers push toward the 0.8000 natural resistance and swing area up to 0.80178.
- The GBPUSD sellers are pushing away from the 100 hour MA and look toward May/June low
- ECB sources report: Policymakers see July pause if energy prices stay where they are
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