Investors rattled after President Trump said there were no plans to meet President Xi Jinping before US tariffs on Chinese imports kick-in next month * European markets subdued after falls in Asia * German trade data beats expectations 1.50pm GMT OVER IN GREECE, THE COUNTRY HAS TAKEN ANOTHER STEP FORWARD AS IT REBUILDS ITS FINANCES. _HELENA SMITH REPORTS:_ Almost four years after they were first imposed, capital controls in Greece are finally on their way to being abolished. Greece’s central bank governor Yiannis Stournaras, held talks today with the heads of the country’s five major banks to discuss ending restrictions on business transactions abroad - the last capital control still in place. It would be very important for the business community. It’s the last one [control] in place. Today’s talks will be followed by others before the government announces the decision. 12.44pm GMT US futures are down as worries linger about the lack of progress on a trade deal between America and China. This is how it’s shaping up: Continue reading...
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