2.11 Daily Major Events


1. Trump stated that if the US-Iran negotiations fail, a carrier strike group will be dispatched to the Middle East.
2. Two FOMC members of the Federal Reserve expressed hawkish views, suggesting the possibility of holding rates steady or even raising them.
3. The US House of Representatives narrowly passed Trump's tariff proposal for a full chamber vote before implementation.
4. The Dow Jones Industrial Average hit a new intraday high yesterday, but cryptocurrencies remain stagnant.
5. The US government may experience another shutdown this weekend.
In summary, most of the news is not very positive, especially the US-Iran negotiations and the potential continued government shutdown over the weekend. The last time there was a shutdown over the weekend, it caused cryptocurrencies to continue declining during Saturday.
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