US equity index futures down around 0.5% after Trump 30% tariff threat against EU, Mexico


US futures have begun trading on Globex for the new week.

The big weekend news was Trump’s tariffs:

Since then:

The earlier reaction was, of course, in FX. Whoesale FX markets begin to open in early New Zealand trade, hours ahead of Globex opening.

The USD gapped up, only small, as expected:

The gap is being closed, also as expected.

EUR/USD update:

This article was written by Eamonn Sheridan at www.forexlive.com.



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