Eurostoxx futures -1.4% in early European trading

  • The negative risk mood carries over to Europe
Stocks down
  • German DAX futures -1.4%
  • UK FTSE futures -1.3%

It's starting to look rough out there again with S&P 500 futures down 0.8% and Nasdaq futures down 1.0% currently. After the selloff in Wall Street, we're seeing the risk rout deepen today and European equities are not spared that as well after the pain from yesterday. As such, this will keep broader markets on edge and in a more defensive mood as well. Keep an eye out for EUR/CHF as it dribbles back towards the 0.9200 mark.

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