[MARKET UPDATE] Further selling in risk assets with Emini S&P (-1.0%) and Emini Nasdaq 100 (-1.7%) at fresh session lows, while Silver (-9.0%) and Gold (-2.4%) continue to retreat as the market rout rolls over to Asia-Pac

Further selling in risk assets with Emini S&P (-1.0%) and Emini Nasdaq 100 (-1.7%) at fresh session lows, while Silver (-9.0%) and Gold (-2.4%) continue to retreat as the market rout rolls over to Asia-Pac.

The notable decline in risk assets, particularly the Emini S&P and Nasdaq, coupled with a sharp retreat in precious metals like Gold and Silver, points to heightened risk aversion in the market. This selling pressure may signal a broader bearish sentiment, likely driven by concerns around growth or macroeconomic stability. Traders should be wary of further volatility and consider implications for commodity-linked currencies and overall market sentiment as the Asia-Pac session unfolds.