The dollar is mostly firmer against the majors as risk off sentiment seems to be taking hold. The yen and Swiss franc are outperforming, while the Antipodeans and Scandies are underperforming. EM currencies are broadly weaker. PHP and TRY are outperforming, while MXN and RUB are underperforming. MSCI Asia Pacific was down 0.3%, with the Nikkei falling 0.9%. MSCI EM is down 0.2%, with China markets closed for holiday. Euro Stoxx 600 is down 0.1% near midday, while S&P futures are pointing to a lower open. The 10-year UST yield is flat at 2.33%. Commodity prices are mixed, with oil flat, copper up 0.1%, and gold up 0.5%.