Yuan, Stocks Slammed After Trump Confirms China News Conference

US equity markets legged lower after President Trump confirmed that he will hold a news conference tomorrow on China.

And pushing The Dow into the red on the day...

Yuan also dropped on the headlines...

No details were revealed but it's pretty clear he's not going to walk back any of the recent rhetoric over the "China virus", the human rights abuses of Uighurs, or the implicit political invasion of Hong Kong...