Stocks are lower on some hints of risk aversion
European equities are down across the board, with the DAX leading losses in a fall of around 1.5% - not helped by auto stocks after disappointing results from Renault and Volkswagen earlier to start the session.
Meanwhile, US futures are also weighed lower and seen down by ~0.8% currently.
Elsewhere, gold and silver are seeing a bit of a stutter to start the day with the latter seeing a heavy selloff of nearly 5% at one stage and the former down by nearly 1%.
The overall mood is keeping the dollar slightly firmer across the board but more so against commodity currencies such as the loonie, kiwi and aussie.
EUR/USD is weighed a little lower to 1.1760 now but off earlier lows, similar to AUD/USD which is now trading at 0.7146 after posting a low of 0.7129 earlier in the session.
Another key spot to watch is Treasuries as yields continue to track lower and provide a further impetus for the Japanese yen.
5-year yields are gradually making fresh lows around 0.242% while 10-year yields are pushing near the lower bound of its April trading range close to 0.56% at the moment.
