Matt and Alex discuss currencies and then global stock market indices.

At 8:25, Matt reviews modest commercial changes in British Pound and Australian Dollar positioning and reiterates his bearish view of Dollar Index futures.

At 12:00, Matt notes that the commercials are continuing to add to their heavy long position in volatility futures.

At 13:00, Matt notes that the commercial banks are beginning to hold a significant short position in the Nasdaq 100.

At 14:00, Matt discusses increasingly large short positions in Emerging Markets and EAFE futures.