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From the Floor: Markets haunted by trade war spectre
Global markets are reeling this morning after the US president trumped his previously announced tariffs on $50bn worth of Chinese imports with the threat of another $200bn worth should the Chinese retaliate with penalties of their own on his initial tariffs. The heightened fear of a full-blown trade war has slammed into equities, the US dollar and EM currencies with the usual safe-haven assets – gold, bonds and the Swiss franc – gaining.
14:38 minutes
Tags: commodities, equities, from the floor, fx, home.saxo, saxostrats, saxotradergo, saxotraderpro, tradingfloor.com
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