On Wall Street there was a slip back last night with the S&P 500 -0.3% at 2724, and with futures looking weaker still this morning we have seen Asian markets also lower (Nikkei -1.2%). European markets are showing similar caution today in early moves. In forex, the dollar is performing well, but the standout performers are the yen and the Swiss franc with an appetite for safety clearly back in the market. In commodities there is a consolidation continuing on gold, where the impact of dollar strength is countered by a safe haven appetite. The recent run higher on oil is taking a slight pause as WTI and Brent both drop ... (full story)