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IMF’s Lagarde: Nobody benefits from a trade war – El Pais

El-Pais, a Spanish daily, reported headlines from the International Monetary Fund (IMF) Chief Lagarde, reiterating that nobody benefits from a trade war.

Earlier today, we had the Chinese Premier Li also delivering such similar comments at the end of the National People’s Congress (NPC).

US: Facebook scandal induces heavy equity tumble – Danske Bank

Analysts at Danske Bank point out that Facebook scandal has induced heavy equity tumble and the catalyst was tech stock Facebook, which fell close to
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USD/JPY retests 106.30-35 supply zone

   •  JPY weighed down by comments by a Japanese Finance Ministry official.    •  Stability in equity markets/easing USD bearish pressure supportive.
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