Markets lost some ground as fears over a slowdown in the global economic recovery could happen
Wall Street gave up gains as economic uncertainties, and the increased likelihood of a corporate tax rate increase caused a broad sell-off. USA30 fell 0.84%, and USA500 traded 0.57% lower. TECH100 dropped 0.45%.
Crude oil reached $71.03 a barrel after it added 0.8%.
Gold fell 0.1% to $1,792.60 per ounce.
Asia and Australia
Markets were mainly down, steadying after their US peers snapped a five-day drop. Investors awaited US inflation data for hints about the US Fed’s timetable to begin asset tapering.
Japan225 rose 0.79%.
HongKong45 lost 0.16%.
Down under, Australia200 edged 0.16% lower.
Brent oil rose 0.8% to $74.10 per barrel
EUR/USD traded 0.2% higher at 1.1827.
Sources: investing.com, reuters.com
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