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In late trading, the dollar index was down 0.5 percent at 94.019 . Against the yen, the dollar slid 0.2 percent to 110.42 yen , while the euro rose 0.5 percent to $1.1742 .

China’s yuan was 0.1 percent weaker at 6.6480 per dollar, but still some distance from Tuesday’s 11-month low of 6.7204. The yuan had retreated amid trade concerns before pulling back on assurances by China’s central bank.

China’s yuan was 0.1 percent weaker at 6.6480 per dollar, but still some distance from Tuesday’s 11-month low of 6.7204. The yuan had retreated amid trade concerns before pulling back on assurances by China’s central bank.

• U.S. nonfarm payrolls advanced by 213,000 jobs in June, the Labor Department said. Data for April and May was revised to show 37,000 more jobs created than previously reported.

The unemployment rate, however, rose to 4.0 percent from an 18-year low of 3.8 percent in May, while average hourly earnings rose 5 cents, or 0.2 percent, in June after increasing 0.3 percent in May

• Fed funds futures priced in a 77 percent chance of a September rate hike, down from 80 percent before the jobs data.

With U.S. payrolls out of the way, investors focused on the trade conflict between the world’s biggest economic powers, as U.S. tariffs on $34 billion worth of Chinese goods came into effect on Friday

• Investors wondered whether the latest tariffs were a continuation of tit-for-tat measures or an escalation of tension between the two countries, a scenario which could cause volatility in global financial markets.

• The United States and China slapped tit-for-tat duties on $34 billion worth of each other’s imports on Friday, with Beijing accusing Washington of triggering the “largest-scale trade war” as the world’s two biggest economies sharply escalated their conflict.

And the market reactions is the Shanghai Composite index .SSEC, which recently tumbled into correction territory, ended up 0.5 percent.

U.S. S&P mini futures ESc1 were last down 0.05 percent

China remains open for trade with foreign partners and can only benefit from an economically strong Europe, its premier said on Saturday as he pressed for expanded ties with the continent’s eastern wing while waging a tariff war with Washington.

• Companies seeking product exclusions from tariffs on Chinese goods imported into the United States will get 90 days to file such requests, until Oct 9, the U.S. Trade Representative’s office said on Friday.

Just hours after it activated 25 percent tariffs on some $34 billion worth of Chinese imports, USTR said any exclusions granted would last a year and be retroactive to Friday.

• As the flames of a trade war between China and the United States lick higher, one top Chinese leader expected to help handle relations with Washington has been conspicuous for not taking a public role in the dispute - Vice President Wang Qishan.

Known in Chinese government circles as “the firefighter” for his central role in tackling issues like corruption and domestic financial problems, Wang also has experience dealing with the United States - leading annual economic talks with Washington when he was a vice premier.

• China may delay the release of new regulations for banks’ wealth management products (WMPs) because of recent market turmoil, financial publication Caixin reported on Sunday citing unidentified sources.

North Korea accused the United States on Saturday of making “gangster-like” demands in talks over its nuclear program, contradicting U.S. Secretary of State Mike Pompeo hours after he left saying the old enemies had made progress on key issues.

As he departed, he said he had made progress on “almost all of the central issues,” although work remained to be done.

• The Trump administration on Saturday halted billions of dollars in payments to health insurers under the Obamacare healthcare law, saying that a recent federal court ruling prevents the money from being disbursed.

• A judicial activist advising U.S. President Donald Trump on potential nominees to the Supreme Court signaled on Sunday that two of the candidates would be a tougher sell to conservatives.

Leonard Leo said two names on the president’s short list to succeed retiring Justice Anthony Kennedy - Raymond Kethledge and Thomas Hardiman - had less-established conservative records, making it harder to line up support should they be selected.

• Oil was mixed on Friday, with short-covering pushing up U.S. crude futures while Brent slipped on global trade tensions and increased Saudi production.

West Texas Intermediate crude futures CLc1 gained 61 cents to $73.55 by 11:30 a.m. (1530 GMT). Global benchmark Brent LCOc1 was down 39 cents at $77 a barrel.

For the week, WTI was on track for a loss of about 0.4 percent while Brent was down about 3 percent.

• One of the world’s biggest cargo shippers announced on Saturday it was pulling out of Iran for fear of becoming entangled in U.S. sanctions, and President Hassan Rouhani demanded that European countries to do more to offset the U.S. measures.

The announcement by France’s CMA CGM that it was quitting Iran deals a blow to Tehran’s efforts to persuade European countries to keep their companies operating in Iran despite the threat of new American sanctions.

Reference: Reuters, CNBC