XE Market Analysis: Europe – May 14, 2019

The Yen has softened today amid a modest correction in risk-off positioning in forex markets, which has been concomitant with a 0.4% rebound in S&P 500 futures after the cash version of the index closed on Wall Street with a 2.4% loss. Asian equity markets are mostly showing declines, though most have pared steep losses seen in early trading. Both U.S. and China have given mollifying remarks to investors.