Latest headlines from China adds to recent geopolitical woes
With China denying any sort of offer to the US in terms of trying to narrow the trade gap, it's just another sign that the US-China trade talks are far from making any form of significant progress.
And with NAFTA talks also now back in uncertain territory along with the divide between Europe and US over Iran, it's making for a couple of distasteful scenes for investors to want to be excited about.
Watch out for stocks today, as that could reverberate into broader markets later in the day - and as for FX, it could spark moves in the yen and swissie. European equities are already lower on the day withe Eurostoxx down by 0.4%, DAX down by 0.2%, UK FTSE down by 0.2%, CAC 40 down by 0.3%, and Italy's FTSE MIB has also turned negative to be down by 0.2% too.
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