Michaela Ridzonova
๐’๐ฎ๐ฆ๐ฆ๐š๐ซ๐ฒ ๐จ๐Ÿ ๐ญ๐จ๐๐š๐ฒโ€™๐ฌ ๐ค๐ž๐ฒ ๐ž๐ฏ๐ž๐ง๐ญ๐ฌ: - U.S. stock futures and European shares slid as concerns intensified over the independence of the Federal Reserve after the DOJ issued subpoenas and threatened a criminal probe into Fed Chair Jerome Powell, rattling risk sentiment. - Gold surged to record highs and the U.S. dollar weakened sharply as investors fled to safe havens amid the political conflict between President Trump and Powell. - Trumpโ€™s proposed 10% cap on credit card interest rates further pressured banking stocks, with major European banks sliding on the news. - Markets are pricing in slightly higher odds of near-term rate cuts following the Fed tensions, while the VIX fear index jumped. - Broader geopolitical concerns โ€” including U.S. foreign policy moves on Iran and Greenland โ€” are adding to risk-off sentiment globally. $GOLD , $EURUSD , $SPX500
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