Premarket: What you need to know before the clock

Asia shares dipped Monday, with Nikkei dropping around 0.7% and Shanghai Composite falling 1.2%. Hong Kong markets were closed for a holiday. The shares in Germany lost about 0.8% in early trading, while the UK's FTSE 100 index was flat.
American stock futures also spell problems. Dow is ready to release around 300 points in the open, or nearly 1.2%. Nasdaq is set to fall 1.6%, while S & P 500 tracks down 1.2%.

Front of mind is a warning Sunday from Larry Kudlow, President Donald Trump's top economic advisor. He said US officials expect China to repay the tariff increase Trump administration imposed on Friday as it increased import taxes of $ 200 billion of Chinese goods to 25% from 1[ads1]0%.

"We'll see what they come up with," Kudlow said about Beijing's expected response.

The uncertainty has already taken shares for a wild trip. On Friday, Dow ended 114 points, or 0.4% higher, but still closed the week down 2.1%. S & P 500 ended 0.4% higher, but was down 2.2% for the week.

2. Increase in oil prices: Concerns about further risk of supply will lead to an increase in oil prices.

Burned raw futures, the global benchmark, jumped 1.6%, while US oil futures increased by 1.2%.

The movements coming after Saudi Arabia said that two of their tankers were sabotaged near a key route from the coast of the United Arab Emirates. A report by the state premium agency on Monday said there had been "significant damage to the structure of the two vessels", but did not mention deaths or oil spills.

Saudi Arab Minister of Energy Khalid al-Falih described the attack as an attempt to "undermine the freedom of maritime navigation and the security of oil supplies to consumers worldwide."

Suppression fear has already helped drive prices 33% higher this year during the Trump administration's breakdown of two major producers: Venezuela and Iran.

Oil stores also got a lift. Shell ( RDSA ) climbed almost 1.2% in early trade while BP ( BP ) inched 0.8% higher.
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3. Companies: Tencent Music ( TME ) will release earnings after the US market closes on Monday. The company, which dominates China's music flow, was announced on the New York Stock Exchange in December.
Uber ( UBER ) will enter into his second trading day as a public company. Stocks in the company fell more than 7% on Friday after a disappointing debut.
4. Comes this week:
Monday Tencent Music ( TME ) merit
Tuesday Nissan NSANF ) fortune
Wednesday Alibaba ( BABA ) Tencent TCEHY ) and Macy's ( M ) earnings; US April retail
Thursday Walmart ( WMT ) Baidu ( BIDU ) ] and ] NVIDIA ( NVDA ) earnings; The VivaTech conference starts in Paris
Friday – US Consumption Vote

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