World Headlines 2018-07-20

RQ Cross Box: 2018-07-20

WORLD HEADLINES - The Chinese yuan slid to its lowest in more than a year on Friday, further undermining global sentiment and stoking worries Beijing’s currency management could be the next flash point in a trade dispute with the United States. STOCKS - U.S. equity futures turned lower with European stocks as President Donald Trump said he was “ready to go” with import tariffs on $500 billion of Chinese goods. BONDS - The yield on 10-year Treasuries gained one basis point to 2.85 percent. COMMODITIES - Gold rose 0.2 percent to $1,226.01 an ounce, the first advance in more than a week. The Bloomberg Commodity Index gained 0.6 percent to the highest in a week. CURRENCIES - The yen at 113 per dollar, euro at $1.16 and most other European currencies were all weaker. Instead of politics though they were just unable to fend off another advance from a U.S. dollar now near a 1-year high. ECONOMIC DATA - CAD CPI m/m due at 8:30 ET.

World Headlines 2018-07-20

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