Geopolitics Cause Futures to Slide
NewsWare‘s Trade Talk

Geopolitics Cause Futures to Slide

2021-06-03
Fresh geopolitical tensions have added to investor concerns this morning, over a potential reduction in stimulus by the Federal Reserve. Russia said that it will eliminate the dollar from its National Wellbeing Fund in an attempt to reduce exposure to US assets amid threats of sanctions. The result has been session lows across the board, and the dollar paring gains. Asian markets also felt the tension’s effects, as President Joe Biden unveiled plans to amend a US ban on investments in companies l...
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