S&P 500 futures fall 0.5% now
Stocks take a bit of a hit today as we see US futures falling into negative territory, with S&P 500 futures falling to their lows for the day.
In the currency space, the tastes of the Aussie and Kiwi fell to their daily lows against the Dollar and the Yen, with AUD / USD falling to 0.6440 and AUD / JPY falling to somewhat lower levels. less than 69.00 once again currently.
US-Chinese tensions continue to escalate as we see the U.S. Department of Commerce taking steps to cut Huawei from global chip suppliers. The latest move also comes after Trump’s negative comments about China.
As a reminder, Trump flirted with the idea of cutting ties with China (although this is just a verbal thought, not something that will materialize), but he also said that he did not want to speak to Chinese President Xi Jinping at this point. .
The mood for risk is starting to get a little softer before North American trading now. Can immersion buyers come back to save the day later in the session?