It's a ripping and a roaring in European markets

Here's what's happening in FX, European stocks and bonds

If you're out and about instead of being glued to your screens and the snails pace moves in the markets, here's how we sit right now

FX is doing nothing thought the pound is having a little stroll lower to 1.5456 from finding resistance ahead of 1.5480. EURGBP is testing 0.7100 which will be adding to the cable move. EURUSD is asleep on the desk at 1.0976

Stocks are trading down in Europe with Spain and Italy taking the brunt of it. The overnight Greek news is said to be weighing on equities today.

No surprise to then see European bond yields up on the heightened risk factor