Asian markets haven’t been this turbulent since a couple of weeks ago when we saw a massive selloff in the numbers. One could say that we see something almost the same scale today but the losses are pretty massive. Both Asia and Europe are suffering from the fall of American Treasury yields.

Kospi declined 2.5 percent.

Topix lost 2.2 percent.

Shanghai Composite is by 1.4 percent lower

S&P 500 futures lost 1.4 percent.

Hang Seng decreased 2.3 percent.

Nikkei Stock Average 225 is down by 2.6 percent.

MSCI Asia Pacific lost 1.8 percent.

Stoxx Europe 600 declined 1.1 percent.

FTSE from US declined 0.9 percent.

MSCI Emerging Market shed 1.9 percent.

We see weird thing happening in the equities sector as the greenback was growing in the morning, but right now we see losses with American currencies. Euro and pound go up with the opportunity.

Dollar dropped 0.2 percent against the basket pf six major currencies even though there were some gains with the greenback in the morning.

Euro added 0.2 percent - $1.1481.

Pound went up 0.5 percent - $1.3028.

Oil didn’t satisfy our cravings for the growth, even though it satisfied the cravings for the risk filled-trading. Gold and other precious metals grow with the weaker greenback.

WTO oil even dropped 1.57 percent - $68.27 per barrel.

Brent lost 1.78 percent - $78.41.

Natural gas rose 0.38 percent - $3.15 per MMBtu.

Heating oil declined 1.29 percent - $228.83 per gallon.

Ounce of gold added 1.37 percent - $1241.4.

Silver is up 1.6 percent - $14.82 per ounce.

Platinum advanced 1.19 percent - $832.29.