EXECUTIVE ORDER EXPANDS U.S. SANCTIONS ON CUBA, SAY TWO WHITE HOUSE OFFICIALS.

The U.S. government has expanded sanctions on Cuba, as confirmed by two White House officials. This move is expected to impact capital flows and trade relations, particularly affecting companies and sectors with exposure to Cuban markets or investments. The sanctions may lead to increased volatility in related assets, especially those linked to tourism and agriculture, which are significant sectors in Cuba's economy. Traders will be closely watching for any further announcements or details regarding the implementation of these sanctions, as well as potential retaliatory measures from Cuba.

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