Trump’s β€œMessages” Compared to Mussolini and Hitler; Asian Market Reactions & Kiwi Slide

Financial Market News:

  • πŸ’Ή Most Asian currencies traded flat to low on Wednesday, with the dollar strengthening ahead of U.S. economic cues
  • πŸ“‰ New Zealand dollar was the worst performer due to less hawkish signals from RBNZ
  • πŸ”„ Federal Reserve officials indicated no hurry to cut interest rates, influencing trading range for regional currencies
  • πŸ’± Dollar index and futures rose in Asian trade as early interest rate cut expectations were priced out
  • πŸ“ˆ Focus on PCE price index data for clues on potential rate cuts by the Fed
  • πŸ’° Stubborn inflation is a key concern for the Fed
  • πŸ“Š Second reading on fourth-quarter GDP due later on Wednesday
  • πŸ‡³πŸ‡Ώ RBNZ kept interest rates steady but traders priced out expectations for more rate hikes
  • πŸ“‰ Australian dollar fell due to low inflation, offsetting RBA’s warning of rate hikes
  • πŸ’± Indian rupee steadied around 82.9 to the dollar in an established trading range
  • πŸ’Έ Asian stocks cautious ahead of U.S. inflation data
  • πŸ“Š Important data releases this week will impact Fed decisions
  • πŸ’΅ Australian dollar weakens on low inflation data
  • πŸ›’οΈ Crude oil prices fall on prospect of delayed U.S. rate cuts
  • πŸͺ™ Gold prices slightly rise

Geopolitical News:

  • πŸ’€ Chinese Communist Party is enslaving Uyghurs through forced labor
  • 🚫 Atrocities include mass imprisonment, forced sterilization, torture, and abuse
  • πŸ”’ Party has sought to control ethnic minorities, predominantly Muslim Uyghurs in Xinjiang
  • ⚠️ US Secretary of State Mike Pompeo determined CCP committing genocide and crimes against humanity in Xinjiang

Media Messaging and Propaganda:

  • πŸ” Trump uses similar messaging tactics as Hitler and Mussolini
  • πŸ’¬ Messages are simple and repeatable, like "Stop the Steal"
  • πŸ“Ί Delivery of messages has changed with social media and cable TV
  • πŸ“š Similar tactics of telling big lies have been documented in history
  • 🌐 People are in news bubbles and consume information from one side or another

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