📆 Tuesday, August 8
► Stoxx Europe 600 index fell, with miners and carmakers hit hard after China's July trade declined and came in way worse than expected. In particular imports disappointed. US equity futures saw a decline, while 10-year Treasury yield and European bonds, including Germany's, fell.
► U.S. stock futures saw a slight decline in pre-market trading with the Dow at -0.30% and the Nasdaq at -0.25%.
► China's trade dropped in July; domestic issues impacted imports. Concerns about China's economy weighed heavily on market sentiment – in particular in Europe which is dependent on exports to China.
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