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Angry Trumps and Dollar sharpens decline the most important things last night

US stock indices closed the second session of the week lower, with Dow Jones moving back below 25,000 after surpassing that important barrier yesterday for first time since March. 
President Donald Trump suggested imposing a large fine on Chinese telecommunication giant ZTE and requiring a change in management, while doubts grew about the success of the Trump and Kim Jong Un summit in Singapore later next month.

US Treasury Secretary Steven Mnuchin said the US will carry on tariffs on Chinese steel and aluminum imports with no change in policy planned in that regard.
From the US, the Richmond Manufacturing Index rose to 16 in May from 3 in April, beating expectations of 9.

Now markets await the Federal Open Market Committee's minutes for the May meeting, at which policymakers voted to stay overnight interest rates unchanged at below 1.75%.
Dow Jones fell 0.72%, or 178.88 points to 24,834.41, while Standard and Poor's 500 fell 0.31%, or 8.57 points to 2,724.44. NASDAQ Composite shed 0.21%, or 15.58 points to 7,378.46.
Gold futures due on June 15 barely inched down to $1,290.80 an ounce from the opening of $1,290.90, while the dollar index retreated 0.09% to 93.59 from the opening of 93.68.
US crude futures due on June 15 inched down 0.15% to $72.13 a barrel from the opening of $72.24, while Brent futures due on July 15 rose 0.23% to $79.40 a barrel from the opening of $79.22.
Dollar fell on Tuesday against a basket of major rivals for the second session as traders collect profits after the greenback hit five-month highs yesterday, while 10-year treasury yields backed off multi-year highs.
The dollar index dipped 0.2% as of 12:07 GMT, to 93.30 from the opening of 93.45, with a session-high at 93.63, and a low at 93.18.
The dollar index closed down 0.1% yesterday, the first loss in six days after marking a five-month high at 93.95.
The index marked a 1.2% profit last week, the fifth weekly profit in a row on strong gains in long-term US treasury yields, widening the gap between US yields and others.
However, 10-year treasury yields have fallen today to 3.052% away from a seven-year peak at 3.128% hit on Friday.
Now investors await the Federal Reserve's meeting minutes tomorrow to provide clues on the chances of US rate hike next month and the overall future of monetary policy.

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