Futures of US stock indices rebound from the bottom, waiting for the opening of the session across the ocean. China's promise to avenge Trump's new $ 200 billion tariff threats led to risk-off sentiment and seeking for safe havens in global markets, but the absence of new threatening headlines from Washington and Beijing has helped for temporarily cooling down. Rhetoric between the two largest economies in the world will continue dominate today's trade due to the absence of significant economic data in the economic calendar.
European stocks suffer losses, and the ECB president once again plunged the single currency with commenting on a gradual rate rising.
In this situation, the stock market remains relatively the most predictable game in the trade war rhetoric, while the choice of winners and losers in the FX is a bit more difficult.
Source: Bloomberg Finance L.P.
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