Tuesday Outlook: Asian shares tumble; oil prices dip

Traders keenly await release of U.S. consumer price data

  
A man wearing a protective face mask is reflected on a stock quotation board at a brokerage, amid the coronavirus disease (COVID-19) outbreak, in Tokyo, Japan November 6, 2020.

A man wearing a protective face mask is reflected on a stock quotation board at a brokerage, amid the coronavirus disease (COVID-19) outbreak, in Tokyo, Japan November 6, 2020.

REUTERS/Issei Kato

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Tech selloff deepens on inflation fears, Fed outlook
Selling was heaviest in Hong Kong, where the Hang Seng tech index fell 4% and dragged the broader market down 2% 

Oil falls as pipeline outage weighs on U.S. Gulf Coast refinery runs
Brent crude futures dropped 45 cents, or 0.7%, to $67.87 a barrel, after climbing 4 cents on Monday 

Commodity currencies hold advantage as dollar waits for inflation and Fed
Against the yen, the dollar was flat at 108.87

Gold holds steady as focus shifts to U.S. inflation data
U.S. gold futures were little changed at $1,836.90 per ounce 


 

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