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Equities drift to session lows

CROSS ASSET
  • Not seen a trigger for the pullback lower in Emini, not necessarily a big move, just 10 points and still well short of 4355.50, Yesterday's printed low.
  • Few clips sellers, ERZ3 sold in over 5k, TYZ3 3k and FVZ3 2.5k.
  • Seems more order related moves, still Govies futures and Oil remain elevated on Risk event hedging flows.
  • WTI is heading to $85.50 now and Estoxx (VGZ3) is now dragged by the Emini, to test session low.

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