European markets are being poleaxed right now, as the euro soars vs the dollar for the second day in a row. As a matter of fact, the dollar is now at 5 month lows.
The DAX is leading to the downside, undergoing substantial selling, mostly due to currency adjustments. The British markets have escaped this misery because they’re not a euro based economy.
Nasdaq futures are actually down 30 and not what this graph says below. It’s not taking fair value into account.
Both gold and crude are stronger.
If you enjoy the content at iBankCoin, please follow us on Twitter
