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All the early action is in Equity

CROSS ASSET
  • All of the actions is in Equities since the European open, with Tech Stocks in the US and Europe plummeting lower.
  • All indices are in the red, and Travel/Leisure has overtaken Tech as the largest losers in Stoxx600.Down 1.97% vs 1.85% for Tech.
  • Govies are fairly stable, although a punchy session for Tnotes, with TYH2 already trading ~750k lots.
  • USD is bid and in the green across G10s, although down against the CAD on the Oil spike. But not seeing similar moves in the NOK today

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