
Trump is attending the FIFA Club World Cup final
WASHINGTON (AP) — President Donald Trump on Sunday will attend the FIFA Club World Cup final, a match that will offer Trump a preview of the globe's premier soccer tournament that North America will host next year.
Trump and first lady Melania Trump will travel from their golf club in Bedminster, New Jersey, to East Rutherford 40 miles (64 kilometers) away to watch the final match of the U.S.-hosted tournament between Paris Saint-Germain and Chelsea at MetLife Stadium.
Trump's trip Sunday falls on the first anniversary of the assassination attempt he survived in Butler, Pennsylvania, while campaigning for president.
The president did not have any public plans to mark the date beyond participating in a taped Fox News Channel interview with his daughter-in-law Lara Trump that aired Saturday night.
Sporting events have made up the bulk of Trump's trips in the U.S. since taking office this year. In addition to his visit this weekend to the soccer tournament, he's attended the Super Bowl in New Orleans, the Daytona 500 in Florida, UFC fights in Miami and Newark, New Jersey, and the NCAA wrestling championships in Philadelphia.
The president, who has a warm relationship with FIFA President Gianni Infantino, has said he plans to attend multiple matches of the World Cup tournament next year.
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Fox News
23 minutes ago
- Fox News
Mother of slain soldier held by Hamas terrorists for 4K days makes plea to Trump
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Yahoo
24 minutes ago
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Trump Announces 30% Duties on EU, Mexico
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Yahoo
25 minutes ago
- Yahoo
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Investors will closely follow the EU's Foreign Affairs Council meeting on trade later today, where ministers in Brussels are expected to discuss the current state of EU-U.S. trade relations and the path ahead. Investor focus this week is also on the final estimate of Eurozone inflation, Eurozone industrial production figures, and Germany's ZEW index of investor sentiment. In corporate news, Lifco ( plunged over -8% after the company posted weaker-than-expected Q2 pre-tax profit. The European economic data slate is empty on Monday. Asian stock markets today closed mixed. China's Shanghai Composite Index (SHCOMP) closed up +0.27%, and Japan's Nikkei 225 Stock Index (NIK) closed down -0.28%. China's Shanghai Composite Index closed higher today as investors digested positive trade data from the country. Energy and bank stocks outperformed on Monday. 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Japanese Prime Minister Shigeru Ishiba has said the country would continue negotiations with the U.S. to seek a mutually beneficial trade deal after President Trump last week increased tariffs on Japanese imports to 25% effective August 1st. At the same time, prospects of Ishiba's ruling coalition retaining its majority in the upper house following the July 20th vote are fading. Nomura strategist Fumika Shimizu said, 'If the ruling party were to lose its majority in the upper house, there is a risk that trade negotiations with the U.S. will be delayed, and market concerns about fiscal expansion will increase.' Meanwhile, Japanese government bond yields climbed on Monday, nearing levels last seen in May, as worries mounted that an upcoming election could open the door to increased fiscal spending. On the economic front, data released on Monday showed that Japan's monthly industrial production unexpectedly fell 0.1% in May, defying flash estimates of a 0.5% increase. Separately, data showed that Japan's monthly core machinery orders, a key gauge of capital spending, fell in May. Economists said that capital expenditure is expected to remain subdued for a while due to ongoing policy-related uncertainty and weak domestic consumption. In other news, Bloomberg reported that Bank of Japan officials are likely to consider revising up at least one of their inflation projections at a policy meeting later this month, after rice and food-related prices rose more than anticipated. The Nikkei Volatility Index, which takes into account the implied volatility of Nikkei 225 options, closed up +4.72% to 23.96. The Japanese May Core Machinery Orders came in at -0.6% m/m and +4.4% y/y, stronger than expectations of -1.4% m/m and +3.4% y/y. The Japanese May Industrial Production fell -0.1% m/m, weaker than expectations of +0.5% m/m. Pre-Market U.S. Stock Movers Affirm (AFRM) slid over -2% in pre-market trading after BTIG downgraded the stock to Neutral from Buy. CrowdStrike Holdings (CRWD) fell more than -1% in pre-market trading after Morgan Stanley downgraded the stock to Equal Weight from Overweight. Cryptocurrency-exposed stocks are moving higher in pre-market trading after the price of Bitcoin hit a new all-time high of more than $123,000. MicroStrategy (MSTR) is up more than +2%. Also, MARA Holdings (MARA) is up over +4%, and Coinbase (COIN) is up more than +1%. You can see more pre-market stock movers here Today's U.S. Earnings Spotlight: Monday - July 14th Fastenal (FAST), FB Financial (FBK), Equity Bancshares Inc (EQBK), Simulations Plus (SLP), Jewett-Cameron Trading (JCTC). On the date of publication, Oleksandr Pylypenko did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. 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