Regional Bourses are generally lower but have been recovering slightly over the last hour, and this will also have encouraged some of the risk-off players in the FX market to reassess.

The Hang Seng is -1.2%, Nikkei -1% and Singapore is -0.5%, whilst Shanghai is bucking the trend and is +0.25%.

Gold is trading near $1657/oz and Oil just above $101/bbl.