Not a good morning for equity markets as political fears prevail 2 Feb
- FTSE 7221.07 -0.7% from lows of 7209.67
- DAX 11762.95 -1.56% vs lows of 11747.77
- CAC40 4827.70 -1.32% vs lows of 4817.
Off their lows maybe but showing no real sign of recovery as I type so we should expect yen demand to prevail overall but keep your eyes peeled.
US equity markets likely to be in retreat too with S&P futures down -0.4% at 2353.80 off lows of 2351.40
Oil trading near session lows helping USDCAD to nudge higher along with CADJPY supply. Gold just off session highs and helping to provide some dip-demand to AUDUSD along with general USD supply.
USD index (DXY) down -0.4% on the day and now at 100.78 just off 1 week lows.