FREELAND: CANADA WON'T ESCALATE OR BACK DOWN ON US TRADE FIGHT

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MNI: PBOC To Aim To Drive Inflation Higher- Advisors

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AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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NASDAQ Futures Off More Than 1%

EQUITIES
  • Asian markets closed weaker, with Japan's NIKKEI down 362.39 pts or -1.28% at 28044.45 and the TOPIX down 12.5 pts or -0.66% at 1895.24. China's SHANGHAI closed down 18.049 pts or -0.51% at 3510.965.
  • European stocks are offered, with the German Dax down 206.77 pts or -1.34% at 15204.58, FTSE 100 down 96.45 pts or -1.37% at 6984.09, CAC 40 down 81.48 pts or -1.28% at 6301.84 and Euro Stoxx 50 down 49.97 pts or -1.25% at 3956.48.
  • U.S. futures are weakening (tech led gains Tuesday, but lead losses Wednesday), with the Dow Jones mini down 180 pts or -0.53% at 33816, S&P 500 mini down 28 pts or -0.68% at 4095, NASDAQ mini down 145.75 pts or -1.1% at 13065.75.
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