JonesTrading’s Dave Lutz has a round up of what traders are chatting about right now. Good Morning! US Futures are under pressure, led by a 60bp drop in the Russell – but we are outperforming markets in Europe, where the DAX and EuroStoxx are off 1.4% in fair volume. Weakness being driven by several factors: Banks weak as Regulators hit them with $3.2bn of fines related to forex trading / German Panel of Eco Advisors were bearish on recovery / NATO saying convoy of Russian Tanks entered Ukraine. Transitioning into Asia – While …read more
Source: Business Insider