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Naturally this was accompanied by fighting talk from Trump, the usual bashing of the head of his central bank and then some very mixed messages from both sides regarding a phone call that may or may not have happened." Erlam added: "We're clearly not yet seeing widespread panic about the latest recession warning but the heightened sensitivity to it may eventually take its toll.
(Sharecast News) - London stocks edged lower in early trade on Wednesday, taking their cue from a downbeat session on Wall Street amid a slide in bond yields.
At 0830 BST, the FTSE 100 was off 0.3% at 7,066.40, while the pound was down 0.1% against the dollar and the euro at 1.2278 and 1.1073, respectively.
Fashion retailer Ted Baker was trading higher after signing a deal with Japan's Sojitz Infinity to sell its goods in Japanese department stores.
Outside the FTSE 350, shares in Thomas Cook were sharply lower as the travel operator said it had agreed a rescue deal with China's Fosun, which will buy a majority stake for £450m.