The S&P 500 is set to open down 0.5%, the VIX is creeping back to the 20 level, and is also above its 12-month average, which is a sign that investors are cautious about the outlook, which could lead them to scale back their risk taking as we move into the weekend.

The biggest concern for policymakers in Southeast Asia is that they are caught in the crosshairs of the U.S.-China trade conflict.

Changan Automobile, one of China’s four largest carmakers, as well as Seres Group which specialises in new energy vehicles are among the companies headquartered in the city. Read more at straitstimes.

Nvidia missed out on $2.5 billion in additional revenue during the first quarter of this year, after the Trump administration placed fresh restrictions on exports of its H20 artificial intelligence chips to China last month.

BEIJING (Reuters) -- China cut benchmark lending rates for the first time since October on Tuesday, while major state banks lowered borrowing costs as authorities work to ease-monetary policy to help buffer the economy from the impact of the trade war with the U.S.

Gold was on track for a weekly loss as traders await key US economic data for clues on how President Donald Trump’s global trade war has impacted the economy.

Stock-index futures slumped Friday morning after President Donald Trump, in a post on Truth Social, slammed China, accusing it of violating an agreement that had led to a mutual scaling back of tariffs put in place last month.

US futures jumped early Thursday and oil prices rose more than $1. The US dollar rose against the yen and euro.