US President Trump is hard at it already in the new week, his message on further trade restrictions a negative input for risk
Earlier:
- WSJ report that Trump plans new curbs on Chinese investment
- Trump says US insists other countries remove trade barriers, tariffs
S&P500 futures on Globex are lower (off more than 0.5%)
AUD/USD also lower
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Just as a ps. Its Sunday evening for most of the trading globe but of course Asian markets are opening, as is Chicago futures trade. In this post:
I warned of the danger to risk assets ahead of this recent sell off:
- I haven't seen any reference to this on the wires yet (except for Dow Jones, of course), its just out. If it does hit the terminals be aware its not a likely a positive for 'risk', K? It indicates another ratcheting higher in trade tensions.
If you know anyone scratching his or head wondering what is going on, do 'em a favour and let them know about ForexLive, K?
