The pain train carries over to Europe in early trades
- German DAX futures -3.8%
- French CAC 40 futures -4.5%
- UK FTSE futures -4.0%
Asian equities faced a torrid start to the week and the sour mood is carrying over to Europe as well. US futures hit limit-down very early in the day and are keeping ~3.5% lower currently, with the market still firmly in risk-off territory to start the session.
The yen is leading gains in the currencies space, with USD/JPY now at 110.10 - seeing a bit of a bounce after hitting a low of 109.67 earlier.
