Markets were eerily calm midway through trading today but we’re entering the final hour of equity trading now and there is some fresh pressure.
The S&P 500 is down 163 points, or 3% to 5182 after rising as high as 2520 in the midday bounce.
I’m keeping an eye on bitcoin as a barometer on sentiment as well and it’s back into the low $53,000s.
So far the moves haven’t spread to bonds or FX but there certainly could be fireworks.
This article was written by Adam Button at www.forexlive.com.
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