Energy futures settlement today reflect carnage:
Market Last Change
CL 9637 -1052
HO 27604 -2345
RB 23970 -2681
Heading to the close of pit trading on the IMM EURUSD is 14487 with spreads at 5.0 pips vs the usual 0.0 on my electronic platform. cable sitting at 18145 and USDCHF 10841. Stunning day with fun and frolic to come in Asian trading and of course the EZ in the morning.
There will be more than a few fx traders will spend restless or sleepless nights.
