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Gold Jumps, Dollar Dumps As AMD & Imminent Iran Deal Lift Stocks & Bonds, Sink Oil

Tyler Durden's Photo
by Tyler Durden
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Tl;dr: AMD beat-and-raise & an imminent US-Iran deal lifted stock futures overnight but the normal reality-check on Trump-talk wiped a lot of the lipstick off the oil pig ending well off its lows (and stocks decoupling higher). Dollar down on another BoJ intervention, gold up bigly (no EM piggy bank if deal close), and bonds bid.

Oil