Markets fade the latest China retaliation, at least for now ...Middle East

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US futures might have recovered but as things stand, I will continue to emphasise that the focus should be on the bond market still. That triggered Trump's pain threshold earlier in the week and we'll see if that will happen again before the weekend comes along.

As such, it looks like we're just going to stay glued to the screens and watch for headlines over the next 10 hours.

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

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