US Fed's Bostic making a few post-speech comments 7 March

  • might help a couple of groups
  • Fed needs to take a wait n see approach on tariffs
  • cryptocurrencies are a speculative asset not currencies

Also out US Treasury Sec Mnuchin;

  • we will consider carve-outs on tariffs
  • tariff plans very focussed on job impact
  • we will definitely have steel, aluminium tariffs

Markets unfazed with USDJPY still 105.83 GBPUSD 1.3873 EURUSD 1.2416 USDCAD 1.2910 all going nowhere in a hurry exhausted by the endless barrage of trade related rhetoric as indeed am I and my typing fingers.

US's Mnuchin - Tariffs are on their way