European markets are expected to start Wednesday mixed while U.S. futures were under pressure after President Donald Trump threatened to pull out of NAFTA and to shut down the government if he could not get funding to build a wall along the Mexican border.

European futures were mostly down, with the FTSE 100 expected to lose 15 points when markets open, France's Cac 40 could fall five points while Germany's Dax is expected to gain 12 points.

U.S. futures were pointing to a negative opening with Dow Jones futures down 0.10% and S&P 500 futures down 0.17%. Trump on Tuesday night spoke at a rally in Arizona where his remarks about NAFTA and a government shutdown weakened investors sentiment.

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Asian markets stalled after the speech. Japan's Nikkei gained 0.26% to 19,434.64 and the Topix was up 0.25% to 1,600.05.

There was no trading Wednesday on Hong Kong's Hang Seng after the trading session was cancelled as Typhoon Hato hits the city.

In Shanghai the CSI 300 was up 0.29 to 3,763.27. Great Wall Motor shares fell as much as 2.6% Wednesday in Shanghai after the company said there had been no discussions with Fiat Chrysler FCAU to acquire Jeep. In a filing late Tuesday to the Hong Kong Stock Exchange, where it is also listed, China's largest SUV maker said there was "substantial uncertainty as to whether the company will proceed with such a project."

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