[PODCAST] US Open Rundown 15th August 2019
15 Aug 2019, 11:38 by Newsquawk Desk
- Risk-off resumed as US-China trade tensions flared up; stock futures slumped and fixed income surged
- China's Finance Ministry says China will have to take countermeasures on US moves, US actions violate the consensus reached in Osaka’s G20 meeting
- US President Trump tweeted that China is eating tariffs with currency devaluation and that the tariff delay helps China more than US, but will be reciprocated
- Looking ahead, highlights include US Retail Sales, US NY Fed, Initial Jobless Claims, Industrial...