The market is trying to sort out how much it should worry about a renewed US-China trade war. Initial heavy selling at the US equity open has been met with a wave of buying and now stocks are slightly above opening levels.The bids came at Friday's lows and that's acted as a nice springboard.In FX, the willingness to sell the US dollar hasn't let up despite the turn. The euro and pound are at US session highs while the commodity currencies are at the best levels of the day. This article was written by Adam Button at investinglive.com.