Risk assets take another leg lower ...Middle East

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Risk assets take another leg lower

It's an ugly start to the US trading week with the VIX up 17% as market participants pare back risk exposure.

Trump is tweeting that Chicago "is the murder capital of the world" in a sign that he might send in the National Guard there in his 2 pm announcement.

    S&P 500 futures are down 1.1% while cable is off by 200 pips. Sovereign concerns are a big driver of today's price action on fear the US Treasury will have to pay back tariff revenues. The US dollar is broadly higher higher, even against the yen.

    It's a messy day with plenty of cross currents as the calendar turns over.

    This article was written by Adam Button at investinglive.com.

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