Global markets were all in negative territory overnight.
In Europe, the FTSE fell 41 points (.46%), the DAX fell 264 points (1.12%) and the CAC fell 58 points (.76%).
UK is the only country to arrange a trade deal with the US.
In the US, the DOW fell 299 points (.70%), the NBI fell 80 points (1.89%), the NASDAQ Composite fell 180 points (.91%) and the Russell small cap index fell 22 points (1.04%).
Trumps early return from the G7 meeting had a negative effect on the markets.
Biggest impact on the markets are fears that the Israel-Iran conflict is escalating. Not helped by Trumps demand for Iran's "unconditional surrender". There are indications that the US may be contemplating military strikes against Iran.
Failure to arrive at any trade deals being reached with July 9th deadline approaching is alarming markets.
US retail sales data showed a drop of .9% in May - this is a bigger drop than markets expected.
Central banks are snapping up gold at record pace and pulling back on US dollar reserves.
US Treasury 10 year bond yield fell to 4.392%
Oil prices rose - Brent crude at US$76.84 per barrel.
Gold price nudged up to US$3,388 per oz.
BITCOIN fell to US$104,498.
IMU Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)