Globex
saw sharp selling of equity index futures in the US evening session.
News flow was light only.
Across
the FX space moves yen crosses were noticeable heavy. USD/JPY highs
above 135.50 did not last long asn as I post its back circa 135.20.
CHF, EUR, GBP, AUD, NZD, CAD are all little changed against the US
dollar.
There
was no market-moving data on the docket for the session here (later
in the week we’ll get Chinese PMIs for the month along with a dump
of data from Japan, stay tuned).
Ditto
on the central bank front, nothing of note. The ECB Sintra summit
continues during Europe time with Lagarde, Lane and
Panetta
all on the docket. Wednesday will be bigger, with Powell speaking.
Oil
rose steadily, carrying on its Monday US time gains: