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US S&P 500 e-mini stock futures pointed 0.7% lower and Nasdaq futures ….

US S&P 500 e-mini stock futures pointed 0.7% lower and Nasdaq futures sagged 0.9%. The yen gained about 0.4% to 147.395 per U.S. dollar. Cryptocurrency bitcoin lost as much as 7.2% from Friday to reach the lowest this month at $80,085.42. Data on Sunday showed China’s consumer price index fell at the sharpest pace in 13 months in February, while producer price deflation extended to a 30th straight month. Meanwhile, Trump in a Fox News interview on Sunday declined to predict whether his tariffs on Canada, Mexico and China would result in a U.s. recession.. He is genuinely focused on significant, structural change to the economy – even if it comes at the expense of short-term growth, analyst Kyle Rodda, senior financial markets analyst at Capital.com said. He added that Trump’s cavalier approach to economic policy is rattling sentiment.

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