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Thursday, March 28, 2024

Gold Pops, Stocks Drop As Futures Open After Korean Chaos

Courtesy of ZeroHedge. View original post here.

In an echo of last week’s move following North Korea’s teating of missiles across Japan’s territory, futures markets are opening in a decidedly risk-off mannwr following North Korea’s “hydrogen bomb” test. Dow Futs down 100 points, Gold jumping and Treasury bonds bid…

Gold is back above $1340…

USDJPY broke below 110.00

Of course, what happens next is anyone’s guess as last week saw the BTFDers panic-buy stocks to their best week in 10 months1

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