Commodities have arrested their decline. Gold in particular is bouncing, up about $8 from midday lows, now at $1515.
EUR/USD is taking back some lost ground as well, now at 1.4862 after finding support at 1.4825. Sellers are seen on rallies to 1.4880/90 near-term. Expect markets to be quite thin for the balance of the day. Many will want to hear from the ECB before jumping back into the markets with both feet.
