Global Indices Hit By Trade Jitters

 | Jun 19, 2018 04:42AM ET

Global equity indices dip further into the red, led by US futures, on Donald Trump's intention to impose tariffs on an additional $200bn in Chinese imports. The news came less than a week after the US and China imposed $50bn of tariffs on steel and agricultural products. USD/JPY has fallen below 110 as the yen rallies against all currencies, followed by gold and the franc. All other currencies are weaker against the US dollar, with AUD at the bottom due to renewed pressure on Beijing. Yesterday's Premium video includes new trades in indices. AUD/USD and EUR/JPY were both stopped out.