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US indices finished yesterday's trading lower. S&P 500 dropped 1.07%, Dow Jones moved 1.08% lower and Nasdaq declined 0.89%. Russell 2000 dropped 0.84%
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Stocks in Asia trade lower as well. Nikkei drops 0.7%, S&P/ASX 200 slides 0.3% and Kospi plunges 1.3%
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DAX futures point to a lower opening of the European session
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FOMC minutes showed that most members believe it's appropriate to launch tapering this year
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RBNZ Governor Orr said that rate would most likely be hiked at the latest meeting but Bank changed plans due to recent lockdown. He also said that goal is to increase cash rate to neutral levels over the next year and a half
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Australia's unemployment rate dropped from 4.9% to 4.6% in July (exp. 5.0%). Employment increased by 2.2k (exp. -46.0k)
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Precious metals trade lower with platinum dropping over 1%. Both Brent and WTI trade over 1.3% lower. Industrial metals experience a relatively small drop
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Bitcoin dropped below $45,000
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USD is the best performing major currency with Antipodean currencies (AUD, NZD) lagging the most
Risk-off moods can also be spotted in the European premarket trades. DAX futures (DE30) have broken below 200-hour moving average (purple line) and approach support zone at 15,800 pts. Source: xStation5
