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Equities extending Lows with Gold

CROSS ASSET
  • Emini extends lower, nothing fast, but still short of Yesterday's and the September low situated at 4338.25.
  • This was the lowest print since the start of June, and a break through that level, would expose 4318.00 Low Jun 2.
  • Bund and Treasuries are trading back towards their lows, while Risk Off and Higher Yields keep the Dollar strong.
  • In turn, Gold is pushing lower with other metals, Silver, Platinum, Palladium are al at session low.
  • Support in Gold comes at $1901.05, the Sep low.
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