Some of the market moves from overnight are beginning to moderate now. The dollar is down across the board and we’re also starting to see the Australian dollar take a bit more of a hit as market players digest the change in the tariffs war to a more focused US-China trade war. WTI crude is now down 2.5% to $61.10 on the day.
In FX, USD/JPY is down 0.7% to 146.63 after hitting a high just over 148.00 in overnight trading
US futures creep lower to start the session