ForexLive European FX news wrap: Broader market selloff intensifies to start the week ...Middle East

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ForexLive European FX news wrap: Broader market selloff intensifies to start the week
Headlines:US futures pinned lower ahead of North America tradingFrom soft landing to crash landingVolatility is back with a bangJapan's Nikkei closes down by a whopping 12% to its lowest since November last yearWeekly update on interest rates expectationsA reminder of the one thing that traders have been getting wrong since last yearEurozone August Sentix investor confidence -13.9 vs -8.0 expectedEurozone June PPI +0.5% vs +0.4% m/m expectedEurozone July final services PMI 51.9 vs 51.9 prelimUK July final services PMI 52.5 vs. 52.4 prelimMarkets:JPY leads, AUD lags on the dayEuropean equities down ~3% across the board; S&P 500 futures down 3.2%US 10-year yields down 7.7 bps to 3.719%Gold dow

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