Watch Live: US President Trump delivers remarks, 'I am taking presidential action, I am mobilizing military'

Ross J Burland FXStreet

Markets are waiting for US President Donald Trump to address the nation following news that he was considering invoking a 213-year-old federal law that would allow him to deploy active-duty US troops to respond to protests in cities across the country.

President Donald Trump considering to deploy active-duty US troops

Watch live here

Key notes

Trump says we cannot allow "angry mob" drown out peaceful protesters - Reuters news

Trump says a number of states have failed to safeguard their areas.

Trump say these are acts of domestic terror.

Trump says he is mobilizing all available federal resources, civilian and military, to stop the rioting and looting.

Trump says he told governors it is time to dominate the streets with overwhelming security presence.

Trump says if cities refuse, i will deploy the united states military and quickly solve the problem for them.

Trump says he is deploying thousands of military and civilian police to stop the rioting and looting and wanton destruction of property in Washington.

Trump says 7 o'clock curfew will be strictly enforced.

Market implications

S&P 500 contracts dropped 0.3pct on the announcement. FX was unchanged. Overall, Trump's presidency is in jeopardy which is risk-sensitive and bearish for US stocks.

Author

Ross J Burland

FXStreet

Ross J Burland, born in England, UK, is a sportsman at heart. He played Rugby and Judo for his county, Kent and the South East of England Rugby team.

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