US stocks start in the red on the background of aggravation of relations with China

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Trading on the stock market Wednesday, the US can start in the negative region due to the deterioration in the country’s relations with China and the DPRK.
Major U.S. stock indexes dropped on Tuesday amid allegations of President Donald trump that he was dissatisfied with the trade negotiations with China. In addition, there is a risk that it is scheduled for June 12 meeting with North Korean leader Kim Jong-UN may not happen.
Asian markets Wednesday closed the trades in negative territory. Futures on US stock indexes decrease by 0.9 percent.
World oil prices also are slightly lowered (to 79 dollars per barrel of Brent) in anticipation of statistics on oil reserves in the U.S. last week after reaching record levels yesterday. Market participants fear that OPEC may change the terms of the transaction to reduce production.
European stocks on Wednesday traded in the red on average more than 1.5%. The Euro/dollar is at the level of 1,6964 dollar.
Ivan Marchena,
GK Forex Club