Morning all..Wall St had a very choppy session indeed and finally closed up o.47% but Asia has been weak again with the Nikkei down 1.68%. US yields spiked in the US session but have moved back to 2.20% in the US 10yr. This rise in yields had mixed impact on the Dollar in the US session but this dip overnight has seen the dollar generally weaker with the EUR back above 1.1000 and USDJPY lower. The tone in markets at the moment is certainly being dictated to a large degree by what’s going on in US High Yield markets. Sentiment took another knock yesterday on the back of the news of another fund (the third in recent days) announcing that it plans to liquidate its entire $900m portfolio and return money to investors.. Just on Oil, the early afternoon saw both WTI and Brent hit fresh near 7-year lows after tumbling below $35 and $37 respectively (down 3% and 4%). Both turned around with the US session however, seemingly on the back of short-covering. WTI eventually finished up +1.94% and back above $36, while Brent finished more or less unchanged and slightly below $38. It’s been a bit of a mixed start for markets across Asia this morning. Looking ahead now to what’s set to be a busier day for economic releases today. Kicking off the European session this morning we’ll have the November inflation numbers out of the UK with the CPI, RPI and PPI prints all expected. This will be followed by the Q3 employment numbers for the Euro area before we get the German ZEW survey. The BoE is also set to publish its Quarterly Bulletin around midday. Over in the US this afternoon the main focus will be on the November CPI numbers.. Good luck..