US equity futures drop after rallying on cooling trade tensions. President Trump arrives in Riyadh, Saudi Arabia to kick off a tour of the Middle East. China removes a ban on Boeing deliveries following the reaching of a trade truce with the US. George Saravelos of Deutsche Bank says the market was right to rejoice on the back of the US-China trade negotiation progress. Priya Misra of JPMorgan says that some of the damage of tariffs is done even if the rates ease. “Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda.