Stocks Wobble and the Dollar Dips as Trump‑Fed Clash Deepens

Global financial markets took a hit on Monday as tensions between U.S. President Donald Trump and Federal Reserve Chair Jerome Powell intensified, rattling investors and sparking concerns about the independence of the Federal Reserve. Powell revealed that the Trump administration had threatened him with a criminal indictment related to his congressional testimony on a Fed building renovation — a move he described as a tactic to pressure the central bank to cut interest rates. The dollar weakened broadly against other major currencies, slipping below 158 yen and $1.1660 per euro, while U.S. stock futures also declined. Benchmark 10‑year Treasury futures rose modestly as traders priced in increased odds of future rate cuts. Amid geopolitical concerns, particularly unrest in Iran, gold surged past $4,600 an ounce to record highs, as investors sought safe‑haven assets. European futures also eased, reflecting growing unease across global markets as key U.S. economic data and corporate earnings loom. #GlobalMarkets #FedIndependence #DollarWeakness #SafeHavenAssets #SlimScan #GrowthStocks #CANSLIM