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Yahoo BusinessMay 29, 2020
U.S. Futures Dip With Trump Stoking China Tensions: Markets Wrap
(Bloomberg) -- U.S. futures edged lower and European stocks dropped on Friday as President Donald Trump's planned press conference on China threatened to further strain ties between the world's two largest economies. Treasuries gained alongside most European bonds.Contracts on the main U.S. equity benchmarks traded modestly lower as Trump appeared poised to sign a measure rebuking China for its treatment of Muslims, following Beijing's moves to enact a law that may curb freedoms in Hong Kong. Twitter Inc. shares slipped in pre-market trading after the company put a warning on one of Trump's recent posts, escalating their confrontation.The Stoxx 600 Index declined for the first time in five days, dragged lower by travel shares and automakers. The euro extended gains after the region's inflation rate fell to the lowest in four years, adding to reasons for authorities to expand monetary stimulus. The dollar weakened for a second day.Global stocks have mostly shrugged off escalating tensions between Washington and Beijing, but Trump's planned press conference appears to have spooked investors. It comes amid growing good news on the economic front as governments add to stimulus and ease lockdown measures in the wake of the coronavirus. Meanwhile, clues on the next stages for Federal Reserve policy may also come Friday, when Chairman Jerome Powell participates in a virtual discussion."I'm very cautious on my medium and even long-term outlook for the markets," Kate Jaquet, a portfolio manager at Seafarer Capi

Reuters BusinessMay 29, 2020
Stocks slip as investors await Trump's Hong Kong response
Global stock markets fell and safe havens such as bonds and the Japanese yen gained on Friday, as investors awaited Washington's response to China tightening control over the city of Hong Kong.

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CORRECTED-GLOBAL MARKETS-Stocks slip as investors await Trump's Hong Kong response (Reuters Company News)

Reuters BusinessMay 29, 2020
Global stocks slip as investors await Trump's Hong Kong response
Global stock markets fell and safe havens such as bonds and the Japanese yen gained on Friday, as investors awaited Washington's response to China tightening control over the city of Hong Kong.
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