Eurostoxx futures -1.2% in early European trading

• German DAX futures -1.2%
• French CAC 40 futures -1.0%
• UK FTSE futures -0.8%

This carries over the selling from Wall Street yesterday. US futures are also down again today, with S&P 500 futures lower by 0.5% and Nasdaq futures down 0.6% currently. We’re not seeing much spillovers yet into FX but if the action picks up in bonds again as well, expect that to reverberate to major currencies in the session(s) ahead.

This article was written by Justin Low at www.forexlive.com.