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Asian stocks are a sea of red while US equity futures are extending their declines for the week, as markets continue taking stock of the potent mix of major downside risks, from Covid-19’s resurgence in major economies to the looming US political uncertainties.While Americans have been casting their votes early in droves, with an estimated 81 million votes already cast either in-person or via mail-in ballots, equity investors appear to have opted to leave it late - a mere week before polling day. Without the veneer of an imminent fiscal stimulus package for the US economy, riskier assets... Read More
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