* European and U.S. futures in the red Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters. You can share your thoughts Joice Alves ([email protected]) and Julien Ponthus ([email protected]) in London and Stefano Rebaudo ([email protected]) in Milan.
MORNING CALL: WORRIED ABOUT NEW U.S.-CHINA TENSIONS
European futures and their U.S. peers are in the red on resurgent U.S.-China tensions and concerns about the long-term economic impact of the coronavirus pandemic.
Beijing, set to impose new national security legislation on Hong Kong, drew a warning from President Donald Trump that Washington would react “very strongly” against the attempt to gain more control over the former British colony.
China refrained from setting a 2020 GDP growth target but pledged to issue 1 trillion yuan ($140 billion) of special treasury bonds to support regions hit by the outbreak.
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