World War 1 was started under similar circumstances, fucking with an elite. In this case, we’re talking about one of the richest and most powerful families in China, literally grabbing the daughter of the family scion and holding her captive in a cell, awaiting extradition to the US for our ‘as you go’ sanctions laws against Iran.
China's embassy in Canada on Thursday demanded the immediate release of Chinese national Meng Wanzhou, who was arrested by Canadian police at the request of the US, even though she hasn't violated any US or Canadian laws, calling the move a serious violation of human rights. pic.twitter.com/wM5HqFrjde
— People's Daily,China (@PDChina) December 6, 2018
Dow futures are -333. I expect a lot more selling at the open and into the overnight session.
Separately, the US 10yr is lower in yield to 2.90, against the 2 yr at 2.80 — leaving a spread to inversion at just under .10%
UPDATE: From the Chinese Embassy in Canada.Twitter