* Trump calls long-awaited stimulus bill “an insult”
* S&P 500 futures less wobble; Asia shares gain anyway
* Virus mutation supports on wads, support dollars
SINGAPORE, Dec 23 (Reuters) – Stock futures wobbled and commodities collapsed on Wednesday after a last-minute hiatus in pandemic relief plans by US President Donald Trump, though Asian equities gained momentum as traders opened up about the infectious new coronavirus virus Seen through apprehensions.
In a video posted on Twitter, Trump said that a motivational bill, agreed after months of conflict in Congress, was “an insult” and that he raised it to $ 2,000 for “ridiculously low” $ 600 check individuals. Wanted.
The prospect of such long-awaited and hard-to-delay spending plans sent S&P 500 futures down from the index’s near 1% Tuesday, although they recovered to sit down about 0.3%.
FTSE futures fell 0.2% and Eurostoxxxx 50 futures fell 0.1%, while oil futures dropped 1.5% to test again from Monday, when concerns over coronovirus drove a sharp sell-off.
The Treasury also caught a bid, in which the ten-year US Treasury hit two ticks in the Asia session and the yield on the 10-year US bond fell below one basis point.
“Personally we think the president will sign the bill at the last possible moment,” said Andrew Brenner, head of international fixed income at NatAlliance, in a note emailed after Trump’s message.
“But real reality stars will wait until the end,” he said. “The bond market closes at 2 pm Thursday, while the stock closes at 1 pm – it may go down until the last moment.”
Some traders said Trump’s push for higher stimulus could increase spending.
If the congressional leadership wants to do so, the bill can be amended, and if they don’t, Trump’s choice is to sign the bill into law, veto it, or do nothing and make it Let the law be made.
The need for the stimulus spreads quickly in England as even more contagious physicians at the same time struggle to deal with a nationwide spike in America’s recovery stalls and hospitals.
The US dollar climbed on Tuesday with an uptick in thin trade, although there are indications that a small virus outbreak in Sydney may be involved which gave the Australian dollar a small boost.
If stock markets are widely posted in Asia, investors gain to focus on domestic economic strength.
MSCI’s largest index of Asia-Pacific shares outside Japan fell three days after LG Electronics announced production of a surge in electric vehicle shares in South Korea and China.
Tech and healthcare shares raised Japan’s Nikkei by 0.3% and Australian shares by 0.7%, although volumes were significantly lighter.
With a few business days remaining in 2020, investors are still firm on whether the UK and the EU can agree on a post-Brexit deal and what will happen if there are any consequences for the new virus vaccination.
ITV’s political editor said in a late-night tweet that different sources had raised the possibility of a trade deal between Britain and the European Union on Wednesday.
Sterling climbed above $ 1.3400 in Asia and was last at $ 1.3406 and 90.88 pence bought one euro. The dollar index closed flat at 90.465.
Brent crude futures fell 1.5% to $ 49.34 per barrel and US crude futures fell 1.5% to $ 46.33.
After Tuesday’s gain of the dollar, gold lost and remained steady at $ 1,864 an ounce. (Reporting by Tom Westbrook in Singapore. Additional reporting by Megan Davis John Macranak in New York. Editing by Richard Pullin and Christian Schmollinger)