This mainly mirrors the mood seen in US equity futures, which are down by about 0.1% to 0.2% as we begin the session. The overall risk mood is a bit softer as market participants continue to tread with caution.

I reckon the state of flux we’re seeing here will keep up until tomorrow – barring any fresh trade headlines that is – where US retail sales data will offer more clues for traders on how to go about with market direction.