S&P500 eminis, ES, have opened with a gap up.
Pretty much what you would expect given the weekend news on the 'deal' and USD interventions (swap lines increase), hence the "d'uh" in the headline:
- Early flows into non-USD FX in early Asia after the UBS-CS deal agreed to
- Fed, BoE, BoJ, ECB SNB, BoC to coordinate action to enhance liquidity provision
