Overnight

They were calling it "debate dread" before the presidential election debate earlier in the U.S. Monday after the Dow shed 165 points. Now that the first debate is history and the spinmeisters are hard at labor, overnight investors get to express their reaction. We know what the spinmeisters will say.

The WSJ reported:
Declines in financial and commodities stocks sent Asian share markets broadly lower Tuesday, as markets eyed the first U.S. presidential debate for hints of future economic policy.

The Nikkei Stock Average slipped 0.4%, the S&P/ASX 200 was down 0.7%, and Korea’s Kospi was down 0.1%. Banks, insurers and other financial stocks in Japan opened lower, following a global fall in the sector overnight as concerns intensified over the health of Deutsche Bank AG , after its shares slid 7.5% Monday to their lowest in decades. At the center of concerns about Deutsche Bank, a linchpin of Europe’s financial system, is the question of whether the lender will need to raise capital to fortify its increasingly precarious finances, though the bank said Monday it was “fundamentally strong.”

As we've noted before watch the Mexican peso and according to recent reports it went up 0.7% during the first 15 minutes of the debate, meaning  investors figured Hillary was winning the debate, coming off its recent trough near 20 pesos to the dollar.
Oil got hit by some profit-taking having bounced 3 percent on Monday as the world's largest producers gathered in Algeria to discuss ways to tackle a crude glut that has battered prices for two years now.Brent crude fell 27 cents to $47.08 a barrel, while U.S. crude slipped 22 cents to $45.71. In other markets with a significant focus on energy, the FTSE Bursa Malaysia was down 0.3% and Singapore’s Strait Times Index was down 0.3%.

Gold head steady in Asian trade overnight as uncertain equity markets at the start of the first U.S. presidential debate helped the metal's safe-haven appeal. Spot gold was little changed at $1,337.10 an ounce