May 22, 2020 / 5:41 AM / 4 days ago

LIVE MARKETS-Morning call: worried about new U.S.-China tensions

* 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 ( and Julien Ponthus ( in London and Stefano Rebaudo ( in Milan.


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.

(Stefano Rebaudo)

Reporting by Joice Alves, Julien Ponthus and Stefano Rebaudo

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