Rally Fizzles, Futures Drift As Trump Opens New Trade War Against Europe
Zero Hedge -

The global equity rally stumbled for the second day, and risked running out of steam ahead of Wednesday's action-packed event bonanza, even as Asian and European shares gained while US equity futures pared losses as investors appeared to shrug off threats from President Trump for new tariffs on goods produced in the EU in retaliation for Airbus subsidies. Treasuries were unchanged, as the dollar drifted lower.

Amid a generally muted tone, Asia rose to an 8-month high overnight with European...

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