Heightened geopolitical worries are triggering widespread safe-haven moves across financial markets, volatility is up, and  investors are briskly buying FX protection from the upcoming French elections.

• Very broad-based safe-haven moves seen during Wednesday's Asian session
• Worries about French elections, oil/Syria and North Korea the main drivers
• Trump’s latest tweets to North Korea and N. Korean reaction add to tensions
• Geopolitics to stay in focus Wednesday as Tillerson visits Moscow
• Still seeing plenty of buying of protection for French election: Larsen
• One-month EURUSD volatilities have increased dramatically, one-week down
• Japanese stocks vulnerable to geopolitical risks and associated yen gains
• Chinese PPI rose 7.6% y/y in March, slightly higher than expected
• Italy yields spiking to fresh highs
• Italy fears could dampen euro rally potential after France election: Hardy
• Bank of Canada meets, likely to upgrade assessment of current conditions: Hardy