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Stock impact report

Asia-Pacific markets set to fall as rotation out of tech continues; traders await Trump address [CNBC]

Blue Owl Capital Inc. Class A (OWL) 
Company Research Source: CNBC
Asia-Pacific markets were set to fall Thursday as investors on Wall Street continued to rotate out of tech and markets look toward an address by U.S. President Donald Trump. The speech is slated to be delivered Thursday at 10 a.m. Singapore time (Wednesday stateside 9 p.m. ET). Trump is expected to speak about his accomplishments in his first 11 months in office and make the case for his administration's actions against Venezuela On Wednesday, Trump designated the Venezuela government as a ‘terrorist' regime and ordered a blockade of sanctioned oil tankers. White House press secretary Karoline Leavitt told reporters Tuesday that Trump would also discuss his plans to “continue delivering for the American people over the next three years.” Brent futures climbed 2.95% to trade at $60.66 a barrel, while West Texas Intermediate futures are 1.88% at $56.99. Over in Asia, the Bank of Japan will kick off its two-day meeting, with the central bank expected to raise rates to 0.75% Fr Show less Read more
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