S&P 500 Futures keep the bears happy near one-week low. Federal Reserve’s stress test for large banks amid fears of UK’s another lockdown and Sino-US war over Taiwan. Mixed US data, Wall Street’s losses keep the bears hopeful ahead of today’s Michigan Consumer Sentiment. S&P 500 Futures drops to 3,335, down 0.48%, during the early Friday. The risk barometer tracks Wall Street’s mild losses to print a three-day losing streak. Also weighing on the equity derivative could be the US Federal Reserve’s (Fed) another stress test for large banks and a lack of major data/events. Furthermore, the UK scientist group’s push for a national lockdown of nearly two weeks and Global Times’ direct war signals to the US, over American diplomat’s visit to Taiwan, also drags the S&P 500 Futures off-late. On Thursday, global markets got hit by the Fed’s refrain from adding more money. The same helped the US dollar index (DXY) to mark the biggest gains in nearly four weeks before reversing the move and closing the day on the negative side by the end of the day. Not only the US stocks and derivatives but the Asia-Pacific shares were also downbeat the previous day. It’s worth mentioning that equities in Japan, Australia and New Zealand are mildly offered by the press time whereas the US 10-year Treasury yields stay unchanged around 0.685% as we write. While the economic calendar lacks any major data/events ahead of the US session, global markets may extend the previous day’s moves unless any surprises erupt from by risk factors. These include Brexit, coronavirus (COVID-19) and the US-China tussle off-late. During the American session, Michigan Consumer Sentiment for September, expected 75.00 versus 74.1 prior, will be the key after the recent softness in the Philadelphia Fed Manufacturing Index and a slight rise in American Jobless Claims. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next NZD/USD Price Analysis: Marching towards monthly high, 0.6800 next in line FX Street 2 years S&P 500 Futures keep the bears happy near one-week low. Federal Reserve’s stress test for large banks amid fears of UK’s another lockdown and Sino-US war over Taiwan. Mixed US data, Wall Street’s losses keep the bears hopeful ahead of today’s Michigan Consumer Sentiment. S&P 500 Futures drops to 3,335, down 0.48%, during the early Friday. The risk barometer tracks Wall Street’s mild losses to print a three-day losing streak. Also weighing on the equity derivative could be the US Federal Reserve’s (Fed) another stress test for large banks and a lack of major data/events. Furthermore, the UK scientist group’s… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.