 Risk aversion is once again a clear main theme of the day, with European indexes in deep red while US futures point to extended selloff. Safe-haven flows are also pushing benchmark global yields lower, with Germany 10-year yield back at 0.9% while US 10-year yield is back below 2.8%. Swiss Franc is the overwhelming winner but Yen is also catching up. On the other hand, dollar is the worst performing one, followed by Canadian, Sterling and Euro. Aussie and Kiwi are mixed for now. Technically, USD/JPY's correction from 131.34 resumed by breaking through 127.51 temporary low. Attention will now be on 1.0641 resistance in EUR/USD and 132.63 support in EUR/JPY. Break of the former will argue that Dollar is setting up itself for deeper broad based correction. On the other hand, Break of the latter will indicate that it's Yen's strength that is persisting. In Europe, at the time of writing, FTSE is down -2.33%. DAX is down -1.74%. CAC is down -1.96%. Germany 10-year yield is down -0.110 at 0.918. Earlier in Asia, Nikkei dropped -1.89%. Hong Kong HSI dropped -2.54%. China Shanghai SSE rose 0.36%. Singapore Strait Times dropped -1.07%. Japan 10-year JGB yield dropped -0.0035 to 0.243. | 
