Today the markets again escaped risk aversion against the backdrop of a new conflict between the United States and China. The US Navy destroyer Wayne E. Meyer marched in the South China Sea near islands that China considers to be its territory. China accused the States of invading its territorial waters and regarded these actions as a provocation aimed at undermining stability in the region. The United States in response referred to international law of the sea and “freedom of navigation”. This situation has led to an additional increase in tension in relations between the two countries, which are already undermined by the trade war. As a result, US stock futures and treasuries fell, and USD / JPY slipped below 106. Asian stocks also traded mainly in the red zone. Safe gold attracted buyers and strengthened above 1540. Now the metal is being traded in the area of 1545. Meanwhile, oil quotes have weakened. WTI is currently trading at around 55.50. Risk aversion also put pressure on antipodes. Kiwi sank to its lowest level since September 2015, braking only before the 0.63 mark. Additional pressure on the currency was provided by weak national data on business confidence. Ozzy also noted a 3-day low at 0.6725. Further today, Germany will publish data on the labor market and HICP inflation, and the eurozone – indicators of confidence and sentiment in the region. Then the United States will provide statistics on anticipated. GDP for the 2nd quarter., Trade balance and personal consumption. In addition, news on Brexit and US-China relations will continue to influence the market.