European indices are down roughly 1% now as shares are struggling to remain afloat as soon as once more. The push decrease comes as 10-year Treasury yields are at session highs, up 4.7 bps to 4.038% as bond sellers look to validate a break above the 4% mark on the week. US futures are additionally struggling, step by step shifting decrease on the day with S&P 500 futures now down 0.3%:
S&P 500 futures
All of this continues to maintain the greenback underpinned with commodity currencies struggling for the time being. AUD/USD is down 0.4% to 0.6680 with the weekly drop now nearing 2%. It will mark six straight days of losses for the pair because it falls to a three-week low for the time being.
