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
Sprint legend Usain Bolt will attend next month’s Commonwealth Games on Australia’s Gold Coast to watch the 100-metres final, former Jamaican world champion Yohan Blake has revealed. Bolt, 31, who retired from athletics after August’s World Championships in London, has been busy preparing for a tilt at football and has also worked with Australia’s cricketers to boost their running between the wickets. Blake, one of the track stars at the April 4-15 Games, arrived in Australia on Sunday and told reporters the eight-time Olympic champion and world record holder in the 100m and 200m was “coming to watch the 100m final”. “(He) was at the track in Jamaica before I left. He said, ‘When I come to Australia, if you don’t win there is going to be problems’,” Blake told Brisbane’s Courier Mail late Sunday. “I don’t have a Commonwealth medal. It’s very important for me to have one in my trophy case. Usain Bolt has left his legacy for us to carry on and that’s what we want to d