Stock markets sank again (Nasdaq -1.3%). Tech led the slide. USD firmed as Yields & Oil dipped, Gold held onto gains. Markets are nervous, risk aversion has picked up. Asian markets, AUD & NZD lower (AUDJPY -0.62%), ASX 200 (-1.2%), Nikkei 225 (-1.8%).
USD (USDIndex 95.65) ticks higher. US Yields 10-yr closed at 1.83% now 1.785%. Equities - USA500 -50 (-1.1%) 4482 - USA500 FUTS lower at 4467. USOil – Fell below $82.00 from highs at 87.95. Inventories +0.5m vs -2.3m. Gold - held on to gains to $1848, $1838 now. Bitcoin under $40k testing $39k. FX markets - EURUSD back to 1.1322, USDJPY 113.80, Cable back to 1.3570. Overnight - UK Retail Sales -3.7%, Consumer confidence -4 pts & JPY inflation inline @ 0.5%. Today – EZ Consumer Confidence, BoE's Mann; ECB's Lagarde, BoJ's Kuroda.
Biggest FX Mover @ (07:30 GMT) EURNZD (+0.66%) Rallied from 1.6675 to 1.6800 now. MAs aligned higher, MACD signal line & histogram higher. RSI 73 OB but still rising, H1 ATR 0.0026, Daily ATR 0.0100.
