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The Dollar extends gains, on Risk off.

CROSS ASSET

USD extends gains and is in the Green against all G10.

Still leading vs the Kiwi, up 0.81% on the session, with risk recovery losing impetus overnight on continued concerns on Evergrande and some Bond holders failed to receive payment, which came out yesterday, but still did the round in Asia.{

Today, Equities have been offered throughout the European session and in early trade for the US.

In Europe Bank stocks are flat, benefiting from higher Yields,

EURUSD is heading towards 1.1700 where we have 1.27bn option expiry (54 minutes to go)

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