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US indices slumped yesterday. S&P 500 dropped 3.53%, Dow Jones declined 3.43% and Nasdaq closed 3.73% lower. Russell 2000 dropped 2.69%
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Stocks in Asia are trading lower today. S&P/ASX 200 drops 1.61%, Nikkei declines 0.3% and Kospi trades 0.6% lower
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DAX futures point to a slightly higher opening of the European session
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Bank of Japan left interest rates unchanged during a meeting today. Bank said there is no urgent need to provide more support for the economy
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According to media reports, OPEC+ is considering extending output cuts until the end of March
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Joe Biden said that if he wins elections, he will discuss China tariff approach with main allies
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Financial Times reports that United States plan to ease part of sanctions on Huawei
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BoC Governor Macklem said that Canadian GDP growth will be slower in Q4 than in Q3
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Japanese retail sales dropped 8.7% YoY in September (exp. -7.7% YoY)
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Visa reported Q3 EPS at $1.12, down 23% year-over-year. Revenue was 15.9% YoY lower at $5.1 billion
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GIlead Science reported Q3 EPS of $2.11 (exp. $1.83) and revenue at $6.58 billion, up from $5.6 billion a year ago.
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CAD and AUD are top performing major currencies while USD and JPY lag the most
Over half a million new coronavirus cases were reported yesterday. Source: worldometers, XTB
