There wasn’t a strong response to the news that peace talks between the US and North Korea have broken down.
Italy’s new government, Turkey’s emergency rate hike, the failing China trade deal, the UK’s weakening inflation, slow growth in Europe, tensions over Iran – there’s a lot to be concerned about.
It’s been a quiet session overnight. Oil rallied as supply fears rose on Trump’s sanctions imposed on the country this week, but it has since retreated.
The positive news regarding China has seen stocks rise in the US today but there has been little movement on Treasuries or the US dollar.