The troubled mining company, instrumental in equity market moves lately, is leading them lower again
Glencore are now 5% on the day having posted 7% gains on the opening and that has led to the DAX getting a few jitters again and now -34% at 9627 down from 9788 highs. FTSE, where Glencore is listed, currently 6113 from 6172 highs.
The euro is finding a bit of support with EURUSD currently 1.1157 and EURGBP 0.7368 with EURAUD back up to 1.5786 helping to cap AUDUSD
EURJPY is 133.68 after posting 133.43 as yen pairs fell generally on talk of BOJ not looking to ease anytime soon
The EURGBP demand is helping to cap cable, again. Heard that one before?lol
Earlier in this session I posted an upbeat/defiant client note from Glencore but the markets have been less than impressed
