Shares in China fell 0.8%, and Japanese stocks slid 0.77%. Some bond investors were also disappointed after the Fed minutes showed central bankers downplayed the chance of capping bond yields. Oil prices edged lower over lingering concerns of weak global fuel demand after data showed that US crude stockpiles fell 1.6 million barrels last week. Brent crude futures fell 0.75% to $45.03 a barrel. US crude futures slid by 0.96% to $42.52 a barrel.

Source: Indian Express August 20, 2020 03:11 UTC