Asian Markets are in a see of red, with the Philippines the worst yet again, down -5.33%. Indian Rupee continues its collapse, which is now the worst since 1993, crossing USDINR 68. The Nikkei closes down -1.51% at 13,338. The USDJPY fell below 97 to trade a low of 96.8625, but has since magically ramped back to 97.2690, which took S&P Futures (ES) back green. ES is currently up 3.30 handles at 1631.75. ES session high came in at 1633.50, and low at 1627 even. Decent action for this time of night in ES.
USDINR 68.1950 (10 Year Chart)