Caroline Hepker
👤 SpeakerAppearances Over Time
Podcast Appearances
Now, those are some of our top stories for you this morning.
Let's get to the markets.
So, concerns about Fed independence, the Fed showdown with the Justice Department.
It sees reaction in the gold market.
Although there are many drivers, gold up 2% after that story, up currently 1.4%.
The Swiss franc also strengthened.
The US dollar weakened.
And US stock futures this morning are lower.
NASDAQ futures dropping 0.8%.
S&P 500, E-mini futures down half of 1%.
U.S.
stocks 50 futures are also in the red.
No cash U.S.
Treasuries trading because Japan is closed for a holiday right now.
Brent is the other major story to think about today.
Brent crude prices at $63.50, the barrel up two-tenths, but we saw a 6% gain for Brent over Thursday and Friday.
Later this week, we get U.S.
CPI and Wall Street bank earnings, so big risk events for markets.
I'm Caroline Hipka and this is Bloomberg.
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