Source - SMW
US markets headed lower as trading got underway on Wall Street, with the direction of interest rates and the likelihood of successfully implementing proposed tax reforms curbing sentiment across the pond, while Trump continues on his tour of Asia.

Shortly after the open, the Dow was down 0.1% at 23,398.56, the S&P 500 by 0.16% at 2,578.19 and the Nasdaq by 0.22% at 6,736.02.

Markets across Europe were also lower, with the FTSE 100 around 0.28% weaker during the afternoon session, the DAX was off by 1.05% and the CAC 40 by 1.22%.

COMMODITIES

WTI crude oil was 0.3% higher at $56.91 a barrel, while Brent crude was down 0.09% at $63.46.

Gold was 0.35% stronger at $1,278.7 an ounce and silver was up 0.59%.

Meanwhile, copper was up 1.22%.

ECONOMIC NEWS

Details regarding the Federal Budget Balance are due later today.