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US and European stocks turn lower again- check out the DAX right now

Following on from the previous update looking at the price action in Gold this afternoon, the European and US stock markets have now turned a deeper shade of red. The Yen is making some modest headway as a result, but it hardly looks like a risk-off move at this point. Perhaps, if the stock market losses deepen a good deal more, then it may yet become so. The losses in the DAX and the CAC have now extended and the DAX is below 18,100, as this update is written. The Dow Jones has continued to lead US downside and now the Nasdaq 100 has joined in on that, where before there was a degree of divergence between the two. 

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