Noteworthy Headlines last night: Asian stocks lower on renewed worries about banking sector ... and ... Fearful clients pull billions of dollars out of Deutsche Bank.

Panic?

To pull billions out, you need to be in a panic situation. The big question for today is: "Can panic be averted for the U.S.?"

Below is our Banking Index chart and it is showing continued high stress so your risk levels are also very high so be extra-cautious.