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World markets dive as Trump sparks trade, North Korea worries

Global stocks sank Wednesday after US President Donald Trump said he was not satisfied with talks that are aimed at averting a trade war with China. Equities were also dented by poor eurozone economic data, and as Trump cast doubt on a planned summit with North Korean leader Kim Jong Un. “Trump (is) continuing to drive uncertainty over global trade,” said analyst Joshua Mahony at trading firm IG. “European markets are following their Asian counterparts lower, as a pessimistic tone from Trump is compounded by downbeat economic data,” he added. Markets had surged Monday after US Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He said they had agreed to pull back from imposing threatened tariffs on billions of dollars of goods, and continue talks on a variety of trade issues. However, Trump has declared that he was “not satisfied” with the status of the talks, fuelling worries that the world’s top two economies could still slug out an economically pain
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ARSENAL CLOSE IN ON GREEK YOUNGSTER MAVROPANOS.

The Gunners have agreed a deal worth around £2m in principle and will loan the defender immediately out to Werder Bremen
Arsenal are closing in on the signing of centre-back Konstantinos Mavropanos from PAS Giannina for a fee in the region of £2million.
The 20-year-old broke into the Super League side's first-team towards the end of the season before cementing his place in the starting XI this term, but has already attracted interest from Greek giants Olympiakos and the Premier League side.
And it is the Gunners who are closest to signing him in the January transfer window due their new chief scout Sven Mislintat having close links with the player's agent from his time at Borussia Dortmund.

Mislintat, who identified and scouted the player, is expected to focus heavily on bringing the best young players to Arsenal and Mavropanos' arrival is likely to see him immediately loaned out to Bundesliga side Werder Bremen.

Mavropanos would follow his compatriots Panagiotis Retsos and Sokratis Papastathopoulos to Germany where the hope is that he develops into a ready-made Premier League player in the coming seasons.
The youngster underwent a medical in London on Tuesday and it's expected that both Arsenal and PAS will come to an agreement in the next few hours.
 

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