S&P 500 futures down 1.0%, Dow futures down 1.4%
Risk trading remains under pressure, with AUD / USD posting new lows for the year as the price is cutting just below 0.7100 and USD / JPY knocking on the door of 113.00 currently, already that bond yields are also falling.
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It is beginning to confirm that yesterday’s slight respite is nothing more than a small respite as the market is still riddled with fear right now.
As we come to terms with the omicron virus, eventually this will be a downfall to buy for risky trades, but for the moment, there is no rush to get back to things.