It's Presidents Day in the US, a national and exchange holiday, and markets are closed. But in Asia and Europe markets were down by over 1% with volatility indexes up across the board:
VSTOXX +2.45
VDAX +1.99
VSMI +1.32
Asian volatility indexes (the ones that I know of) are up as well, and at the time of writing Asia opened lower, and S&P E-minis are down 1.17%. I guesstimate that VIX will open tomorrow at about 18, and probably will be volatile throughout the day.
Weekly market report
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