European stocks fell today amid disappointing news. There is rising concerns about trade relationships around the world again. The situation is getting worse prior to G7 meeting that starts today. It will most likely separate the US from the rest of the world.

Index Stoxx Europe 600 fell by 0,7%. All sectors of the Index were in red today. Index FTSE in the UK declined by 0,7%. Index DAX in Germany fell down by 1,5%. European bonds are growing. German bonds are leading this growth. Yield of 10-year German bonds declined to 0,41%, yield of 10-year British bonds dropped to 1,338%. Yield of Italian 10-year bonds went up to 3,082%. Euro started falling after four-day gain. It lost 0,3% to $1,1762.

American Treasuries are stable today after losing nine basis points on Thursday. Index S&P 500 fell by 0,6%. Dollar is rising.

Sad news are coming not only from developed countries with MSCI Emerging Markets Index falling as much as 1,5%. South African rand fell down, yield of country’s bonds went up due to bad economic data this week that made traders assume that there is no chance for rate hike in the nearest future. Brazil’s stock index lost 3%. Argentina agreed on IMF’s support for $50 billion. Turkish lira lost 1%.

Price of WTI oil is below $66 a barrel among conflicting news from OPEC.