Nikkei futures have recouped huge amounts of earlier loses, and are now down less than 5% on the day, after closing more than 10% lower in Tokyo trade.
The riskier assets are in recovery mode as the equities recover. US shares have halved their losses, down 1.4% now while commodities are off their lows as well.
EUR/USD, the uber-currency trades at 1.3980, a mere 20-pips from session highs despite a threat from poorer EU members to scuttle the euro pact…
