US stocks are getting cheaper on fears of trade wars

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The U.S. stock market at the opening of trading on Thursday will remain under pressure as the market remain concerns over trade disputes with China and Europe, but, however, from a more significant drop in the American market holds the news about the confirmation of the rating Agency S&P.
US stocks fell on the eve on the background of uncertainty about the country’s trade policy. However, positive news for the market was the news that the international rating Agency S&P affirmed the long-term U.S. credit rating of AA+.
Futures on US stock indices on Thursday are reduced by 0,3-0,5%. Asian indices closed the trading session without any dynamics.
European stocks weakened 0.4-1.3 percent. The Euro against the dollar is at the level of 1,1587 dollars per Euro.
World oil prices was not due to fears about disruptions in oil supplies from Iran. So, the US President Donald trump has asked allies to stop oil imports from the country against which the United States resumed economic sanctions.
Ivan Marchena,
GK Forex Club