S&P 500 emini contracts down 20+ points at the open for the week.
Plenty of escalating trade tensions tweets from the US president over the weekend:
- Trump on Twitter - Says trade deal will be far worse for China in his 2nd term
- White House economic adviser Larry Kudlow says both the US and China "will suffer" in trade war
- Heads up early warning for a headline coming from China on the trade war Monday
- Today's (China - US trade war related) four-letter word is (warning, NSFW) ... 'hope'
- Trump on Twitter again re China trade war - promises bail out for US farmers
Currencies, of course, had pre-empted the move out of risk. In early trade a key barometer, AUD/JPY opened lower for the week.
