Forex news for Asia trading Monday 25 March 2019
Politics to the fore today as the financial market week opened here in Asia.
- 1. Special Counsel Robert Mueller's report was delivered to the US Congress, with a summary of findings issued by Attorney General William Barr. Yes, the report itself is not yet publicly available, just the four-page summary sent to the chairs and ranking members of the House and Senate Judiciary Committees. Bear in mind that the headlines come from this letter from Barr, but in a nutshell, the report found no collusion by Trump with Russia (its more complex than that, but, yeah, in a nutshell). There are plenty of other points and more questions to come. Not over. The initial market response was a move to US equity indices (Globex trade) and out of yen, but the moves were small indeed. These moves have since been reversed and then some.