The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
Treasuries fluctuated over the course of the trading session on Monday before eventually ending the day firmly in negative territory.
After recovering from an early slump, bond prices once again came under pressure as the day progressed. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, climbed 7.2 basis points to 4.405 percent.
The volatility in the bond markets came as President Donald Trump ramped up his attacks on Federal Reserve Chair Jerome, calling him "Mr. Too Late" and "a major loser" in a post on Truth Social.
In the same post, Trump also claimed there will be "almost no inflation" but warned "there can be a SLOWING of the economy" unless Powell lowers interest rates.
Trump also called on the Fed to lower rates in a separate post last week, declaring, "Powell's termination cannot come fast enough!"
Meanwhile, traders also kept an eye on the latest developments on the tariff front as they await progress on Trump's talks with U.S. trade partners.
China has threatened to retaliate against any countries that reach a trade deal with the U.S. at the expense of China's interests.
A spokesman for China's Ministry of Commerce was asked to respond to reports the Trump administration is preparing to put pressure on other countries to restrict trade with China in exchange for U.S. tariff exemptions.
"If this happens, China will never accept it and will resolutely take countermeasures in a reciprocal manner," the spokesman responded, according to a Google translation. "China is determined and capable of safeguarding its own rights and interests."
Amid another quiet day on the U.S. economic front, trading on Tuesday may be impacted by reaction to any trade developments as well as remarks by several Fed officials.
