US equity futures are selling off, led by a more than 1% decline in USA100 future, amid reports of USD 20 bln Block trades, selling of Chinese tech giants & US media firm ViacomCBS. Asian stock markets have traded mixed & Japanese indices managed to move higher. Surging virus numbers in countries such as France weigh on confidence in Eurozone economies which so far have had relatively relaxed virus restrictions. UK meanwhile is finally easing its very strict measures, against the background of a successful vaccination campaign. In FX markets Yen strengthened, USDJPY fell back to 109.46, although USD strengthened against most other currencies.
Biggest (FX) Mover @ (07:30 GMT) USOIL (-2.25%) Oil prices dropped at $59.55 after the Ever Given was finally refloated, although it is still unclear when the Suez Canal will be open again. Faster MAs remain aligned lower, RSI 45 & MACD histogram & signal line clashed without clear indication yet whether this implies consolidation or support. H1 ATR 0.55, Daily ATR 2.62
