Not very encouraging signs for risk sentiment at the moment
It looks like the pain in equities is set to run further today. European stocks are falling to its lowest levels on the day too. The DAX is down by almost 2% now, with the Eurostoxx down 1.47%, CAC 40 index down 1.60%, and FTSE down 0.66%.
The worst part is that the US calendar is bare and all that traders can look towards is more responses on the trade rhetoric with regards to the imposed tariffs by the US.
