[MARKET UPDATE] Risk assets extend on their declines with US equity futures at fresh session lows, while South Korea leads Asia lower with the KOSPI down 5%, while metal prices continues to slump with spot silver down 10%

Risk assets extend on their declines with US equity futures at fresh session lows, while South Korea leads Asia lower with the KOSPI down 5%, while metal prices continues to slump with spot silver down 10%.

The decline in risk assets, especially US equity futures and the sharp drop in silver prices, suggests heightened market anxiety, possibly tied to macroeconomic concerns or geopolitical tensions. With South Korea's KOSPI down 5%, this regional weakness could indicate broader market vulnerability, impacting commodities like silver that often react to risk sentiment. Traders should watch for further movements in metals and equities, as ongoing slumps may signal overall risk-off sentiment and potential shifts in demand dynamics.