Risk stays heavy ahead of North America trading later ...Middle East

In other markets, risk trades are still being bodied though. S&P 500 futures are down 1.6% with Nasdaq futures down 1.8% on the day. In Europe, the DAX and CAC 40 are both down 1.7% currently.

Is there really going to be a last-minute accord to stall the tariffs? Or is Trump going to let all hell loose before reining in the flames?

Otherwise, there's every chance the selling will hit harder in the next two days before calmer heads prevail.

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

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