Equities sour further in European morning trade

Here’s a snapshot of things:

• Eurostoxx -0.9%
• Germany DAX -1.0%
• France CAC 40 -0.8%
• UK FTSE -0.6%
• S&P 500 futures -0.5%
• Nasdaq futures -0.5%
• Dow futures -0.4%

After a late bounce in Wall Street yesterday, overall market sentiment is souring again in trading today. It is playing out as a more risk-off mood, with commodity currencies lagging in FX while the Japanese yen is the top performer. USD/JPY is now down 0.5% to 155.20 on the day, down by over 120 pips since Asia trading.

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