This is affecting the European cash market open a little

Some markets remain offline for the time being. But in any case, just a little update we are seeing US futures cut back some of its earlier losses to around 0.2% to 0.3% now.

That in turn is leaving little to be desired as investors are still searching for firmer risk direction to start the session. In the major currencies space, most dollar pairs are back to trading closer to flat levels at the moment.

EUR/USD is little changed at 1.1228 while AUD/USD is pretty much flat at 0.6903.