Now Europe feels the heat as a degree of risk aversion seems to kick in-check the DAX

In what is probably the final update here today, the losses in the US stock markets have now deepened and that has seen the S+P 500 fall further towards 5,925, as the Nasdaq 100 slide continues. Even the Dow Jones is in the red now and seeming balked at some positive rotation a little earlier after the US data. At the same time the Yen has strengthened and even the European markets are starting to turn tail. Prior to that the gains in the DAX and the CAC looked pretty solid, but it seems the deeper losses across the pond are getting the better of them now and this has all served to push the Yen a little higher and the USD/JPY is back below the 158 handle. So, we can call that a degree of risk aversion just seemingly creeping in. The DAX reached 20,391 earlier today, it is now trading back underneath 20,300 as the markets wait to see what, if anything the President elect might have to say shortly