US equity markets are sliding this morning on the back of AUDJPY fun-durr-mentals as the USDollar pushes to new 15-month highs (AUD at 6-month lows). This has pressed Nasdaq red for September (joining the Dow, S&P, and Russell). Treasury yields are modestly higher but commodities are sliding with copper the worst... makes us wonder if this is follow-through from China's huge adjustment to CNY overnight [5].
fun-durr-mentals..
As AUD weakness leads the USD surge...
Plunging most in 9 months...
Pushing stocks red for September...
As Copper leads the commodity collapse...
Charts: Bloomberg





