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USD finds a bid on the Equity move

CROSS ASSET
  • Not very clear this drop in Estoxx and Emini future, more of a gradual move that started near the EU Cash Govie open.
  • VGZ3 has lost just over 10 points, despites the bid in Govie futures, with support seen at 4339.00, last week's low.
  • The USD was mostly leaning in the red overnight, but seems to be taking its cue from the pullback in risk, and is now finding a bid against G10.
  • The Yen still holds onto gains, up 0.20%, given the lower Yields.

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