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• European equities opened lower on Friday morning, as heightened fears of a global trade war shook stock and currency markets.

The pan-European Stoxx 600 was down around 0.82 percent shortly after the opening bell, with almost all sectors and major bourses in negative territory.

• The rumblings of a global trade war shook stock and currency markets on Friday after U.S. President Donald Trump announced long-promised tariffs on Chinese goods and Beijing pledged to fight any such war to the end.

MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS fell 2.5 percent as stocks across the region dropped. For the week, the index recoiled over 4percent. • Japan’s Nikkei share average tumbled on Friday to its lowest level in more than five months as concerns over escalating global trade tensions triggered a spike in the yen, with machinery makers hit particularly hard.

Japan’s benchmark Nikkei ended 4.5 percent lower at 20,617.86, its biggest daily percentage drop since early February and its lowest closing level since Oct. 3. • Fears of a trade war between the world’s two largest economies jolted China’s markets on Friday, with the country’s main stock indexes tumbling the most in six weeks, while bond yields fell as investors rushed into less risky assets.

The Shanghai Composite index closed down 3.6 percent at 3,152.76 points, its lowest close since Feb 9.

China’s blue-chip CSI300 index was down 2.9 percent at 3,891.47, its lowest close since Feb. 12.

Reference: Reuters, CNBC