Global markets have dropped sharply after China retaliated against Donald Trump’s decision to impose tariffs on steel and aluminium, fuelling fears of an all-out trade war between the world’s two largest economies.
BEIJING/SHANGHAI (Reuters) - China urged the United States on Friday to “pull back from the brink” as President Donald Trump’s plans for tariffs on up to $60 billion in Chinese goods moved the world’s two largest economies closer to a trade war.
Investing.com - Sales of new U.S. single-family homes fell in February, according to data released on Friday.
Bitcoin's (BTC) retreat from the 200-day moving average gathered pace in the last 24 hours, suggesting scope for a drop to $8,000.
Next trading day's important events
- 15:30 (GMT 3) US - Chicago Fed National Activity Index (Feb)
- USDJPY: 105.10
- EURUSD: 1.2349
- S&P 500: 2643.78
- NASDAQ: 7145.97