European and Asian bourses open slightly lower, with the US stimulus deal still at a stalemate, which is weakening the dollar
A financial trader in London, Britain. Picture: REUTERS/PETER NICHOLLS
US stock futures were down 0.2%, pointing to a weaker start on Wall Street and edging back slightly after tech stocks had pushed sister index the Nasdaq to a record high on Monday. “Just when you thought things were cooling off between the US and China, Washington goes and pokes the dragon,” said financial analyst Connor Campbell at spreadbetters Spreadex. “Their trade war anxieties re-ignited, the reaction from the European indices was predictable.”
The latest blow to the struggling dollar came from disappointing manufacturing and mortgage data with the greenback hitting a fresh 5.5-year low against the Swiss franc and nearing a two-year low against a basket of its rivals, hit earlier this month.
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