#USNonFarmPayrollReport #FedNews

Jerome Powell said that the Trump administration had opened a criminal investigation into the Federal Reserve

Market reaction to the bizarre fight was initially muted. The benchmark s&p 500 index of large American companies fell by around 0.5% after futures trading opened. Bond vigilantes held their fire. However precious metals rallied sharply: gold by over 1% and silver by 4%. The dollar fell slightly.