Early weakness in US equity futures was rescued when Asia opened and JPY was mysteriously bid but it’s fading back now as the UN session escalates into he-YouTube’d-she-YouTube’d. The bigger moves on the night so far are gold (which jumped back over $1325 and 3-week highs) and EUR which fell around 40 pips to 1.3850. We suspect as Ukraine’s red-line deadline draws near the bid for safe-havens may accelerate somewhat.
Chart: Bloomberg
via Zero Hedge http://ift.tt/1eBY9qh Tyler Durden