Trump to Attend State Department Mining CEO Roundtable

By EC Assets · Published

Donald Trump is expected to attend a State Department roundtable. The event will involve CEOs from the mining industry. This meeting is part of a broader push for critical minerals. The anticipated attendance by Trump comes as oil prices have fallen. This decline occurred after Trump called off an attack on Iran. Iran has stated that no talks are underway with the United States. This denial follows Trump's decision to call off attacks. Trump, however, insists that talks with Iran are progressing, despite Tehran's denials. In unrelated market activity, the Dow Jones Industrial Average jumped. Oil prices skidded following the developments regarding Trump and Iran. Defense stocks cleared an entry point. Separately, the U.S. Treasury Department and Federal Reserve collaborated with Japanese counterparts. They undertook a joint intervention to boost the Japanese yen. Japan's Ministry of Finance confirmed this move in a statement on Monday. This intervention was aimed at assisting Japan by strengthening the flailing yen. This article is intended for informational purposes only. It does not constitute investment advice.

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