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The yen rose on Wednesday and Asian equities were about to come under pressure after the United States announced that it would impose tariffs on an additional $ 200 billion in Chinese imports. , intensifying the trade war.
The United States has just imposed tariffs on Chinese goods worth $ 34 billion the first plans of a trade war. US President Donald Trump had then warned that his country could finally impose tariffs on more than 500 billion dollars of Chinese imports, basically all Chinese goods
The story continues under the publicity [19659004] The S & P 500 and Dow futures retreated 0.73 percent and 0.83 percent, respectively, indicating a lower opening for Wall Street later in the day.
Wall Street stocks had gained during the last few sessions, taking advantage of a lull in trade war fears that hit world markets last week. 19659007] The yen, often sought after in times of political turmoil and market turmoil, won against a number of its peers.
The dollar was down 0.1% at 110.875 yen, after a peak of nearly two months of 111.355. 19659002] The euro fell 0.3% to 130.02 yen and the Australian dollar lost 0.65% to 82.26 yen
The Australian, considered a liquid substitute for China-related transactions, fell 0.5% against dollar. 19659011]
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Tags disputes equities plummet Raises rises stakes trade Yen
