The mood in markets has soured on fresh worries, coming in part around individual companies. The yen certainly enjoys it and the euro is also playing along. This comes despite China being closed and no new crash in oil prices. Will oil catch up? Or will we see a recovery? The US JOLTs figure is worth watching as it is of importance to the Fed. Tension is beginning to mount towards Yellen’s testimony, but for now, the mood is all that matters.
Wrap up of the morning show for February 9th 2016: