JPY and CHF are the top G10 FX gainers today, up 0.25% and 0.07% vs the dollar while SEK and AUD are the top losers, down -0.89% and -0.83% vs the dollar. EUR remains under pressure not helped by remarks by the official from Italy’s ruling party; he said that country’s problem could be resolved if it scrapped Euro as its currency. Elsewhere, Tory Brexit divide weighed on sterling. Overall, safe havens are catching a bid at the expense of the commodity currencies. In the Asian equities space, the Nikkei 225 closed up 0.10% at 24270.62, Hang Seng closed -2.38% at 27126.38 and Kospi ended -1.25% at 2309.57. The European equities were trading weaker with the FTSE down -0.53% at 7455.74, DAX down -0.92% at 12225.47, and CAC down -0.91% at 5456.87. In the rates market, global yields were trading weaker; the US 10-year yield was trading at 3.052% and the Bund 10-year yield trading at 0.416%. In the energy space, the Brent (front month) is trading down (-0.28%) for the day at $84.74, having failed to break the psychological $85.00.