LONDON, Dec 3 (Reuters) - European stocks fell into the red and the Chinese offshore yuan skidded to a near five-week low on Tuesday after U.S. President Donald Trump said he had no deadline for reaching a trade agreement with China, adding it could come after the 2020 U.S. election.
The pan-European STOXX 600 index turned negative and was down 0.2%, weighed down by export-heavy mining stocks. Paris’ CAC 40 was among the top drags with the index sliding 0.5% to more than one-month lows.
U.S. stock futures were down 0.3% as of 1026 GMT.
The dollar rallied against the Chinese offshore yuan to its strongest since Oct. 30 and was last up 0.4% at 7.068 yuan . Safe-haven currencies the Japanese yen and Swiss franc also made gains .
European government bond yields retraced some of their overnight rises, with 10-year German bond yields down 2 bps at -0.299%.
In early European trading, ten-year German bond yields had hit a three week high of -0.26 percent. (Reporting by Tommy Reggiori Wilkes, Thyagaraju Adinarayan, Julien Ponthus and Saikat Chatterjee; Editing by Dhara Ranasinghe)
