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S&P 500 Futures: Flash red as China says responsibility of the situation rests entirely with US

China’s Foreign Ministry, after ordering the US to close its consulate in Chengdu earlier this Friday, blamed the US for the worsening situation between the two countries.

Key quotes

“The responsibility of the situation rests entirely with the US.”

“Current situation is something China does not want to see.”

“Urges the US to revoke its 'wrong' decision.”

“Calls for US to create necessary conditions for return of bilateral relations.”

 

more to come ...

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Asian equities print heavy losses as US-China tussle intensifies after Beijing ordered the US to shut the consulate office in the city of Chengdu. The
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USD/INR Price News: Indian rupee sellers step back from 100-bar SMA

USD/INR recedes from 74.96 to 74.94 during the initial Indian session on Friday. In doing so, the pair takes a U-turn from 100-bar SMA despite flashin
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