After a rocky start to global stock trading tonight, China, Japan and U.S. stock futures have all turned nicely higher.
The S&P500 and DJIA futures are both up near 1%–not a giant move higher, but maybe one which is signaling that the world isn’t going to end (of course we all knew that–but are waiting for the markets–to get a bit rational).
Gold is higher, crude oil has turned higher as well.
Thus far we have seen no publicly announced central bank action, but all are thought to be at the ready if necessary. No doubt the ‘crash protection teams’ are at the ready.