Sour Mood In Europe And Asia, The Financial Elite Are Dumping Stocks, Downward Impulse Cycle Is Appearing Likely

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Global Stocks declining as China prepares to ask the WTO for permission to impose trade sanctions on US

via Marketwatch:

China is seeking permission from the World Trade Organization for permission to impose trade sanctions on the U.S., Reuters reported on Tuesday, citing a published agenda of the WTO. That agenda shows a meeting scheduled for Sept. 21 of the WTO’s dispute settlement body. The move is part of a long-running trade dispute that goes back to 2013 and is separate from the tit-for-tat trade tariffs the U.S. and China have been engaging in this year. U.S. stock futures fell on the news.

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