According to US President Trump, China violated its agreement with US. Wall Street indices lose after this statement, seeing this as a risk of increasing tariffs from current levels negotiated in Geneva. The futures on S&P 500 (US500) are down almost -0.5% as of 12:30 AM GMT. According to US Trade Representative Greer 'China is the biggest trade deficit problem, the EU next'.

Daily summary: Silver plunges 9% 🚨Indices, crypto and precious metals under pressure
US100 loses 1.5% 📉
🚨Gold slumps 3% amid markets preparing for Chinese Lunar Year pause
Cocoa falls 2.5% to the lowest level since October 2023 📉