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Dow Drops 800 Points From Fed Euphoria, Bond Yields & Black Gold Plunge

Another rip sold. Dow futures are down over 140 points in the pre-open (as it appears Cramer's pajama-wearers are derisking again). Following the 4th day of Yuan weakness, EUR-based carry trades continue their unwind and that pressure is driving USD Index notably lower, bond yields gapping lower, and commodities tumbling... except gold.

 

 

As Gold and bonds rally...

Charts: Bloomberg