European stocks already paid their dues on Friday with a decline, as US futures are pointing to a lower open later. S&P 500 futures are down 0.5% currently. The broader market focus switches back to trade as Trump is set to send letters to countries on what tariffs they’ll be paying starting from 1 August. Will he be making an example of any of them as a warning to the rest?

This article was written by Justin Low at www.forexlive.com.

 
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