Daily Morning Call

From the Floor: US equities turn over as volatility returns

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Wednesday's US equities session saw weakness enter the market at last as Treasury yields rise and volatility picks up across asset classes.

   • US yields rise, placing 'strong JPY' trade at risk
   • New EURUSD highs rejected at 1.2325
   • US economic surprise index rolls over
   • Gold falters as dollar, yields tick higher
   • Brent crude struggling to hold $70/barrel