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