Yes folks it's all about equities and oil still
The Shanghai Comp Index has remained weak after lunch and currently down -2.76% causing the Nikkei to post session lows just now of 16,672.73, down -2.57%, which in turn has put pressure on USDJPY to post its own lows now of 117.97
Brent crude trading near session lows of $29.80 with WTI $29.61
AUDUSD also being dragged lower after the earlier rally capped into 0.6970
Stop me if you've read this one before. Almost the end of Jan and the picture remains more than a little bleak.
