Looks like there were too many passengers on the right side of the ship. We we’re beginning to list, and some have begun to rush back to the other side. EUR/USD is swinging lower, now at 1.4735 while oil has given up its gains and turned negative on the day, back below $70. Gold id back below $1050, down about $8 in the last 30 minutes.US share prices have opened a bit softer than futures reflected, up anout 0.6% after being up over a percent in futures trade.
I’m crediting the bounce from support in the US index for the move.