• European equities down on average -1.00%. US equity futures down too. (Nasdaq -0.95%)
  • The Vix is above 20.00
  • Commodities mixed: oil lower, copper higher
  • Bond yields: flat to lower
  • FX space: AUD, CAD, NZD lower. CHF, JPY, EUR higher (remember the EUR's funding currency bias + ECB's inflation revisions higher)
Risk OFF