European stocks dive while JPY rebound strongly after Trump’s Syria warning.
In his usual morning tweet, Trump wrote “Russia vows to shoot down any and all missiles fired at Syria. Get ready Russia, because they will be coming, nice and new and “smart!” You shouldn’t be partners with a Gas Killing Animal who kills his people and enjoys it!
In the current 4H heatmap, JPY and CHF are the clear winners. GBP started to pare back recent gains after weaker than expected industrial and manufacturing production released earlier today. Commodity currencies, AUD, CAD and NZD are also pressured as risk aversion resurfaces.
