NewsFeeder
06-08-2018, 09:20 AM
Global Weakness Seen Spreading To U.S. Markets As G-7 Leaders Meet
Global tensions over trade as the G-7 economic conference began Friday helped put European and Asian markets into a tailspin, and the weakness appears to be spreading to Wall Street. European leaders are sparring with President Trump over the administration’s new tariffs as they prepare to meet in Canada, injecting a negative vibe into what’s normally a friendly gathering known more for photo-ops than major policy decisions. In addition to worries about the U.S. and its allies sparring over trade barriers at the conference, there’s some new concern in Europe as Italian government bond yields took another dip and the euro fell against the dollar.
https://finance.yahoo.com/m/3bc0febd-bfbf-3801-962e-070a9e305f06/global-weakness-seen.html?.tsrc=rss
Global tensions over trade as the G-7 economic conference began Friday helped put European and Asian markets into a tailspin, and the weakness appears to be spreading to Wall Street. European leaders are sparring with President Trump over the administration’s new tariffs as they prepare to meet in Canada, injecting a negative vibe into what’s normally a friendly gathering known more for photo-ops than major policy decisions. In addition to worries about the U.S. and its allies sparring over trade barriers at the conference, there’s some new concern in Europe as Italian government bond yields took another dip and the euro fell against the dollar.
https://finance.yahoo.com/m/3bc0febd-bfbf-3801-962e-070a9e305f06/global-weakness-seen.html?.tsrc=rss