European equities extend losses on the day

Not looking good to start the day at all

DAX

The DAX is now down by over 2.5% as risk aversion continues to hit the market hard to start the European morning. 10-year Treasury yields have also fallen below 0.80% now to a fresh record low of 0.795% currently.

This is putting added pressure on yen pairs with USD/JPY falling to 105.73 and the dollar is also being dragged lower across the board as a result.

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