Financials lead Wall St. lower amid rising U.S.-Russia tensions (news: 11/04/18)
Today's press
Financials lead Wall St. lower amid rising U.S.-Russia tensions
(Reuters) – Wall Street fell on Wednesday, led by losses in financial stocks, on brewing tensions between the United States and Russia over a possible U.S. military action against Syria.
Xi strikes conciliatory tone on trade but offers few concessions
Xi Jinping filled his speech at an annual business summit on Tuesday with aphorisms about hard work and openness. “Heaven rewards the diligent,” the Chinese president said, applauding his country’s achievements. The march of history towards economic liberalisation was irreversible, he said at another point, restating China’s commitment to free trade.
U.S. Annual Inflation Rises 2.4% in March
Investing.com – While U.S. consumer price inflation accelerated in March, the month-on-month reading registered a surprise decline, according to data released on Wednesday.
Trapped Below $7K: Is Bitcoin Prepping for a Big Breakout?
Bitcoin (BTC) has spent a better part of the last 24 hours trading a tight range around $6,800.
Next trading day's important events
- 14:30 (GMT+3) EMU – ECB Monetary Policy Meeting Accounts
- 22:00 (GMT+3) UK – BOE's Governor Carney speech
Forex quotes:
- USDJPY: 106.85
- EURUSD: 1.2384
Indices:
- S&P 500: 2652.97
- NASDAQ: 7106.79
Source: Alpari
