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Struggling On DC Fiscal Impasse & Worry re: U.S. Election Interference

EQUITIES

The lack of meaningful fiscal progress in DC and the notice from the U.S. security services re: Russia & Iran looking to interfere in the upcoming U.S. election weighed on risk appetite during Asia-Pac hours.

  • Elsewhere, there was little in the way of notable tier 1 macro headline flow to counter the early pressure surrounding the aforementioned comments from the U.S. security services.
  • S&P 500 e-minis threatened to break below the 21- & 50-DMAs, before pulling back from worst levels.
  • Nikkei 225 -0.8%, Hang Seng -0.3%, CSI 300 -1.1%, ASX 200 -0.6%.
  • S&P 500 futures -23, DJIA futures -180, NASDAQ 100 futures -68.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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