Yes folks, it's all-turn-around time again as the Chinese move prompts further relief rallies in equities and oil
EURUSD is now down to session lows of 1.1460 with EURGBP down to 0.7262 and EURJPY 137.85
USDJPY has posted highs of 120.40 ahead of decent offers into 120.50
DAX now up 4.65% at 10,102 just off 10,111 highs.
Nikkei futures +4% at 18380 also just off session highs
WTI $39.53 after $39.83 highs. Brent $44.19 after capping at $44.50
A good relief rally for the short term but we have to consider the bigger picture
Is this an emergency band-aid over a much bigger Chinese wound?
Update : 10.58 GMT EURUSD 1.1495 after running into support around 1.1450