US Treasury Sec. Mnuchin: No plans to go to Beijing for trade talks yet

While speaking to CNBC reporter Ylan Mui ahead of the House Financial Services Committee hearing, Treasury Secretary Steven Mnuchin said there were no plans to travel to Beijing for the next round of trade talks. 

It's unclear if these comments will weigh on the stock markets on Tuesday. Ahead of the opening bell, the S&P 500 Futures was losing 0.42% on a daily basis.

UK: Weak inflation data - TDS

Analysts at TD Securities note that UK’s April inflation came in a tick lower than expected, with core inflation unchanged at 1.8% y/y, while headline
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US Dollar Index breaks below 98.00, FOMC on sight

The US Dollar Index (DXY), which gauges the greenback vs. a bundle of its main competitors, has now turned negative for the day below the critical 98.
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