Will dip buyers step back in once again later today?
Risk is still hobbling after a bit of a softer tone in the past few days, though yesterday’s late recovery helped to provide some mild relief. That is not carrying through to today though with S&P 500 futures marked down by 0.4%.
European indices are slightly higher but that owes more to a catchup in the late bounce to US stocks yesterday rather than any positive sentiment.
Elsewhere, oil continues to be a little pressured as it is down 1.7% to $62.30 while cryptocurrencies continue to flirt with a potential rebound, as Bitcoin is seen in a state of flux in and around the $40,000 level in European morning trade so far.