Biden is delivering remarks on the Supreme Court’s immunity ruling, I posted a bit of a heads up here:
- US President Biden is scheduled to speak at 7.45pm US Eastern time
Biden:
- no Kings in America
- no one is above the law
- decision means there are virtually no limits on what a president can do and it is a dangerous precedent
- Supreme Court did a ‘disservice’ to America with this ruling because Trump’s Jan 6th case now won’t be before the election
- decision undermines the rule of law
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Politics is playing a part in market moves as we get closer to November:
- WSJ on rising US yields, cite “potential Republican sweep in November”
And on the other side of the Atlantic too:
- French election – seems less likely that one group will have a majority after second round
This article was written by Eamonn Sheridan at www.forexlive.com.
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