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On Wednesday, American futures pointed to a steeply lower start, with a slide in crude prices as well as uncertainty as for the state of US tax reforms dampening risk sentiment because market participants geared up for more data and also earnings.
The blue-chip Dow futures lost 130 points, the S&P 500 futures declined 14 points, while the tech-heavy Nasdaq 100 futures headed south 32 points.
On Tuesday, all three key American stock indexes concluded lower because General Electric dived for a second straight day.
Weak crude prices affected investor appetite for riskier assets. Crude prices declined 1%, thus extending Tuesday's steep dips, amid rumors weekly supply data due later in the day will demonstrate a large jump in American crude inventories.
Additionally, the US Energy Information Administration is expected to publish its official weekly crude supplies data for the week by November 10.
Financial experts expect consumer prices to tack on 0.1%. Core inflation is believed to add 0.2%.
On Tuesday, American equities were set to start lower because gloomy earnings from industrial bellwethers Caterpillar as well as 3M backed worries over Italy's finances, Saudi Arabia's diplomatic isolation as well as trade conflict fears…
On Tuesday, an ugly start to EU trading pushed world equities towards their lowest value for a year due to the fact downbeat drivers from Saudi Arabia's diplomatic isolation to fears about Italy's finances as well as trade clashes pressured market…
On Tuesday, Asian equities headed south because earnings season worries in America affected Wall Street, while a mixture of downbeat drivers from Saudi Arabia's diplomatic isolation and fears over Italy's budget as well as Brexit negotiations put…
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
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