Analysts at ANZ explained that China and the EU have come out of talks united against the threat of US protectionism. Key Quotes: “China’s Vice Premier Liu He stated both China and the EU “firmly oppose unilateralism and protectionism and think these actions may bring recession and turbulence to the global economy”. Global equity markets were weak. The S&P 500 and DJIA were down 2.0% and 1.8% at the time of writing.” “The DAX finished down 2.5%, the CAC 40 fell 1.9% and the FTSE 100 declined 2.2%.” “However, the flight to safety was modest, with the yield on the US 10-year down just 2bps to 2.87% and the bund yield down 1bp to 0.33%. The USD was lower against all G10 with the exception of AUD, while the EUR outperformed.” “Commodities softened, with the CRB Index down 1.1% at the time of writing. WTI gave back some of its recent gains, dropping 0.8% and gold dipped 0.2%.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Another reserve rate cut could come in H2 2018 – China Press FX Street 3 years Analysts at ANZ explained that China and the EU have come out of talks united against the threat of US protectionism. Key Quotes: "China's Vice Premier Liu He stated both China and the EU "firmly oppose unilateralism and protectionism and think these actions may bring recession and turbulence to the global economy". Global equity markets were weak. The S&P 500 and DJIA were down 2.0% and 1.8% at the time of writing." "The DAX finished down 2.5%, the CAC 40 fell 1.9% and the FTSE 100 declined 2.2%." "However, the flight to safety was modest, with the yield on… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
