European equities open lower to start the day

• Eurostoxx -1.5%
• Germany DAX -2.1%
• France CAC 40 -2.3%
• UK FTSE -1.1%
• Spain IBEX -2.2%

The ruble slide also isn't too comforting, as the currency is down over 20% on the day against the dollar now with USD/RUB up to 100.96 currently. That said, the more dour risk mood has been easing a little in the past hour with S&P 500 futures seen down 1.6% from around 2.2% earlier.

Elsewhere, gold Gold Gold is the most widely traded and important commodity. Prized for its historical importance and used for trading an exchange of goods, the gold market today is estimated at nearly $2.4 trillion.The value of gold fluctuates constantly, as it trades on public exchanges where it has a price that is determined by supply and demand. Gold has historically had tremendous significance and even today is extremely sought after. Gold has been used as a currency as it doesn't corrode, and the material allo Gold is the most widely traded and important commodity. Prized for its historical importance and used for trading an exchange of goods, the gold market today is estimated at nearly $2.4 trillion.The value of gold fluctuates constantly, as it trades on public exchanges where it has a price that is determined by supply and demand. Gold has historically had tremendous significance and even today is extremely sought after. Gold has been used as a currency as it doesn't corrode, and the material allo Read this Term is also off its earlier highs to from $1,911 to $1,896 and AUD/USD is trading to the highs for the day, though still down 0.4% to 0.7205.