With the Shanghai composite moving lower, now down 2%, traders have trimmed back longs. The Nikkei has trimmed back its early morning run as well, with investors happy to lock in profits at 10 month highs.

EURUSD is slipping back, with some support seen at 1.4240-50 then 1.4200. Weak longs have also exited below 8420 and now a push to 8380 is not out of the question.