Brent up $4, US oil up $%, ES & NQ smashed, USD and yen higher

Financial markets response:

• Risk assets are being smashed lower
• oil is sup
• commodities Commodities Commodities are assets that are either naturally grown or occurring in the environment. Most commonly this includes precious metals such as gold, silver, and palladium.Beyond metals, commodities can also focus on agricultural or industrial goods that are central to manufacturing or other sectors. This includes crude oil, copper, wheat, and others.Relative to other assets, commodities are an extremely complex form of investment, with many similarities and differences to existing products.Commodit Commodities are assets that are either naturally grown or occurring in the environment. Most commonly this includes precious metals such as gold, silver, and palladium.Beyond metals, commodities can also focus on agricultural or industrial goods that are central to manufacturing or other sectors. This includes crude oil, copper, wheat, and others.Relative to other assets, commodities are an extremely complex form of investment, with many similarities and differences to existing products.Commodit Read this Term more generally are up

Haven trades:

• USD is up
• yen is up
• UST are up

So far:

Zaporizhzhia nuclear power plant in Ukraine is on fire

USD, yen up and 'risk' falling - Russia is shelling Europe's largest nuclear power plant

Ukraine has asked Russia to stop shelling Europe's largest nuclear power plant

This should provide some relief, especially if more of the 6 more reactors on site can be safely shut down:

2 of 6 reactors at Europe's largest nuclear plant in Ukraine have been safely shut down

Its not necessarily the all clear though: