Dow Jones futures fall by 0.13%, trading near 52,000 during the European hours on Wednesday. However, S&P 500 futures are up by 0.13% near 7,450, while Nasdaq 100 futures advance 0.36%, trading near 29,770 at the time of writing.
OCBC’s Sim Moh Siong and Christopher Wong note that USD/JPY has broken back above 160, but intervention fears and official warnings are limiting upside relative to other G10 pairs.
ING analysts Warren Patterson and Ewa Manthey note that Gold has fallen toward $4,000 per ounce alongside a broader market sell-off, pressured by a stronger US Dollar and expectations of higher-for-longer Federal Reserve policy. Silver slumped 5%.