European equities and US futures fall to session lows


It has been rather quiet in European morning trade thus far, but stocks are taking a bit of a further drop as we start to move towards North American trading.

European indices are extending declines with the DAX now down by over 0.8%. Meanwhile, US futures are down by ~0.3% as well and are off levels earlier in the session.

A key spot to watch will be Treasuries as we see 10-year yields now fall by over 3 bps to 0.515%. That may spark further risk aversion in the market, with the dollar now keeping firmer across the board for the most part.

AUD/USD is down to 0.7180 and EUR/USD is hovering at session lows close to 1.1840.