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On Wednesday, Asian equities declined because geopolitical risks edged up, while financial markets took a fresh cue from Wall Street.
Japan's Nikkei 225 slumped 1.44%, Australia's S&P/ASX 200 lost 0.36%.
As Australia reported, its third quarter GDP gained 0.6% versus a 0.7% jump observed on quarter.
Equities of Rio Tinto edged down 1.88%. Additionally, Fortescue Metal slumped 0.54%, BHP decreased 1.68%. As for junior miners, they dived with South32 shares losing 3.11%.
The Shanghai Composite edged down 0.60%, the Hang Seng index dived 0.98%,
Meanwhile, Bitcoin kept climbing in Asia, hitting $12,205.46.
Overnight, the S&P 500 headed south 0.4%t being worth 2,629.57. As for the Dow Jones industrial average, it concluded 109.41 points lower demonstrating a reading of 24,180.64.
The Nasdaq composite managed to erase earlier revenues, diving 0.2% and reaching 6,762.21. Besides this, the index also demonstrated a three-day losing marathon.
On Wednesday, American stock index futures headed south because dismal data out of China affected market sentiment, while traders waited for more developments related to the US-China trade conflict…
On Wednesday, Italian stocks led losses in the European Union right after the country's deputy prime minister told that Rome considers breaking EU fiscal rules, thus masking early revenue powered by optimism around the US-China trade conflict…
On Tuesday, another US-China tariff conflict escalation put pressure on Asian stocks, although remarks from American leader that he expects trade talks to be successful backed market sentiment…
In July, Britain's inflation rate rallied for the first time in 2018, thus leaving many UK households feeling quite squeezed by prices, soaring at nearly the same tempo as their wages…
On Friday, the evergreen buck rallied versus its counterparts after data disclosed that the American economy generated more jobs than anticipated In October, thus backing the Fed’s case to proceed with gradual rate lifts…
On Monday, gold declined because the evergreen buck managed to gain early traction, thus putting pressure on the most popular precious commodity, which has been sticking with the year’s minimums…
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