The softer risk tones continue to prevail

  • Eurostoxx -1.9%
  • Germany DAX -2.5%
  • France CAC 40 -2.1%
  • UK FTSE -2.3%
  • Spain IBEX -2.8%

Those are decent-sized losses but comes on the back of a super-sized rally over the past two to three weeks in the equities space. US futures are also holding lower by about 1.4% to 1.7% currently and that is keeping the dollar firmer across the board on the session.

Notably, AUD/USD is down by a little over 1% to 0.6920 while GBP/USD is back under 1.2700 to 1.2660-70 levels at the moment.