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Iran's Yellow-Cake Red-Line Ruins Black Gold-Driven Green Day Hopes For Stocks

Tyler Durden's Photo
by Tyler Durden
Authored...

Tl;dr: A return of headline roulette today (Iran's uranium red-lines and US restart of Project Freedom) left oil unchanged (after intraday violence) and stocks mixed (RTY battered, NDX best). Treasury yields rose notably while the dollar and gold chopped around unch as bitcoin tested down to $80k.

...mmmm, we love the taste of yellow cake in the morning...

Oil