Indices reverse gains on trade concerns

Major indices like US500 and DE30 are in the red on Tuesday reversing early gains that were built on hopes for a constructive meeting between Donald Trump and Xi Jinping. Presidents will meet this weekend during the G20 meeting but Trump warned he’d move on with more tariffs on the Chinese imports should the meeting fail. This might be just a negotiating tactic but it has already chilled investors. Markets are also awaiting a flurry of FOMC speeches in a hope of a pause in rate hikes after the December meeting. Investors can take long positions in US500 or DE30 CFDs if they expect prices to rise or short positions if they expect these markets to decline.