In early Monday action, stocks all around the world went gangbusters on the departure of the supposed "hawkish" Fed candidate. By the end of Monday, things were already cooling a bit.
And now they're cooling further.
Stocks fell in Asia (Nikkei down 0.6%, China -2%) and are lower in Europe (Italy -0.66%, Germany -0.13%, France -0.18%), and US futures are a hair lower. Gold is a bit higher on the morning.
The big news now is the US Fed meeting, which wraps up tomorrow, with high expectations of a "taper."