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
Spain’s world number one Rafael Nadal heads what organisers say is the most formidable line-up for Queen’s, the historic grass tournament in London that is a key warm-up event for Wimbledon.
Aside from Nadal and five others from the present top 10 the tournament is likely to see Britain’s two-time Wimbledon champion Andy Murray — a five-time winner of the Queen’s title — play as he makes a comeback after hip surgery.
Other stars who are presently outside the top 10 such as Australian firebrand Nick Kyrgios and Switerland’s Stan Wawrinka — who needs the Wimbledon title to complete a sweep of Grand Slam titles — have also confirmed they will play as will last year’s champion Feliciano Lopez.
“To see six of the world’s top 10 players on our entry list before you even get to the names Andy Murray, Stan Wawrinka, Milos Raonic, Feliciano Lopez, Nick Kyrgios and the British number one Kyle Edmund really whets the appetite for a fantastic week of tennis,” said tournament director Stephen Farrow.
“We can’t wait to get started.”
The tournament runs from June 18-24.
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