U.S. futures fall and world shares are mixed as markets await Trump's word on replacing Fed chief [BNN Bloomberg (Canada)]
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Source: BNN Bloomberg
Oil prices dropped and the prices of gold and silver weakened. The future for the S&P 500 sank 0.8 per cent while that for the Dow Jones Industrial Average was 0.7 per cent lower. Trump chose Powell to led the U.S. central bank in 2017 but has relentlessly assailed him for not cutting interest rates quickly as quickly as the president would like. The appointment to replace him must be confirmed by the Senate. In early European trading, Germany's DAX picked up 0.8 per cent to 24,506.41, while the CAC 40 in Paris advanced 0.4 per cent to 8,107.50. Britain's FTSE 100 edged 0.2 per cent higher, to 10,189.05. The CEO of Indonesia's stock market, Imam Rachman, resigned Friday “As part of a commitment toward recent market conditions,” the exchange said in an announcement. Jakarta's benchmark gained 1.2 per cent following news of his resignation. It had been trading at all-time highs but sank 7.4 per cent on Wednesday and 1.1 per cent on Thursday after MSCI, a U.S. provider of glob
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