Overview of Important Overnight Developments on June 7
21:00-7:00 Keywords: Trump, Musk, CFTC
1. The Trump crypto wallet dispute ends with WLFI purchasing Meme coins;
2. The White House has not taken action to remove over a hundred officials linked to Musk;
3. Strong employment data pressures US bonds, traders lower bets on Fed rate cuts;
4. Acting CFTC Chairman: 24/7 derivatives trading proposal limited to crypto assets;
5. Trump: Interest rates should be lowered, the next Fed chair candidate "will be announced soon";
6. Trump's tax reform is expected to pass in the US Senate, no Republican lawmakers support Musk;
7. Trump: Hopes Musk "does well with Tesla," no plans to call Musk.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Libya Hamada and Al-Taharah oil fields resume production
No rate hike in October, another move in December? Fed's "slow rate hike" path against inflation emerges, all eyes on Waller's speech next week
The Federal Reserve is set to announce its latest interest rate decision next Wednesday. The market generally expects the central bank to keep the federal funds rate unchanged, which would signal its patience in combating inflation.
Crypto prices
More
