S&P 500 futures are 4 points below fair value ahead of the open.
Stocks in Europe are close to session lows with Italy’s MIB down 3% and the Paris CAC down 1.7%.
The euro is now back around 1.31. I don’t see any catalyst to buy euros today. The Fed speak comes from Fisher (hawk), Lockhart (neutral) and Kocherlakota (hawk) but none of them have the clout to sink the dollar.
