Futures pointed to a lower open for Asian markets on Wednesday, as global growth concerns weighed on stocks and sent bond yields to record lows.
Australia's SPI futures traded down 0.4 percent at 5,167, compared to the ASX 200's last close at 5,228.
Nikkei futures in Chicago were near flat at 15,520, while Osaka futures traded down 1.35 percent at 15,390. The Japanese benchmark index closed down 0.67 percent at 15,669.33 on Tuesday.
The British pound dropped during U.S. hours to a fresh 31-year low of $1.2997 as investors flocked to haven assets such as bonds and the greenback. As of 6:48 a.m. HK/SIN, the pound was trading at $1.3005.
The Dow Jones industrial average closed down 108.75 points, or 0.61 percent, at 17,840.62; the S&P 500 index was down 14.4 points, or 0.68 percent, at 2,088.55 and the Nasdaq composite was down 39.67 points, or 0.82 percent, at 4,822.90.
Read more:
25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256
World Financial Markets - 0700 17 600 Varchev Exchange - 0700 115 44
Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.
Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006
The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Disclaimer:
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.