Applaping in Asian stocks after Trump's statements regarding the federal president

The dollar regained some of its losses on Wednesday, while the performance of Asian stocks varied after a volatile session in the US markets amid speculation about the future of federal reserve chairman Jerome Powell. The dollar has risen against all currencies and has continued this month to achieve profits. On the other hand, the yen dropped to 148.41 to the dollar, with some currency strategists expecting the possibility of exceeding the level of 150. The shares of the “Taiwan Simikikond Manouvakchoring” business recorded a decline before announcing its upcoming quarterly results later today. Futures and volatile positions of Trump have fallen. The S&P 500 futures dropped by 0.2%in Asian trading, after falling into the Wall Street session after the statements by President Donald Trump reduced the possibility of Powell in the short term. US Treasury bonds have also decreased, and yields of the mortgage increased for ten years, one basis point to 4.47%. The markets saw severe fluctuations on Wednesday against the backdrop of the fate of Powell, which lowered the US dollar, equities and the Treasury returns. However, Trump’s statements have alleviated this concern, as he said: ‘I do not intend to do anything’ about the Federal Reserve President. This position comes at a time when Trump continues to pressure to lower interest rates, which is the most important source of his dissatisfaction with Powell. John Williams, head of the Federal Reserve in New York, defended bank restrictions and emphasized that it was “completely appropriate”. A great concern about the independence of federal, Aaron Choi, the head of wealth consultation at Overse Chainz banking, “the repeated attacks by the Trump administration on Powell, and the president’s insistence not to appoint an alternative for him unless he is committed to reducing interest rates. As far as commercial policy is concerned, Trump has reduced his accent to China in an effort to hold a summit with President Xi Jinping and reaching a trade agreement. He also announced that he would send messages to more than 150 countries to notify them of customs duties, indicating that they could reach 10% or 15%. Senior CEOs in Major American Banks emphasized the importance of the independence of the federal reserve. Bank of America Corp CEO Brian Moinhan and David Solomon of Goldman Sachs Group Inc have joined Jimmy Damon, CEO of JP Morgan, to emphasize the need for the Federal to stay independent. “The reserve was established to be independent.” George Saravilus, of “Deutsche Bank AG”, warned that the dismissal of Trump is sufficiently unprofessional risk, and this could lead to a wide sale in the dollar and treasury bonds. He explained that in the event that Trump is forced to retire, it is likely that the average dollar will fall commercially by 3% and 4% within 24 hours, in addition to the increase in fixed effects that are about 30 to 40 basis points. As for Michael Ferrol, the US chief economist at JP Morgan, he saw that “the immediate discharge crisis may have ended after Trump withdrew his statements, but we doubt that this drama was completely tied.” In the commodity markets, oil prices rose slightly while gold prices stabilized.