Gold Soars As Massive Jobs Miss Unleashes Chaos In Markets
By GCRU Gold News on Saturday, June 4 2016, 00:13 - Permalink
The worst jobs data since September 2010 has thrown ice cold water on The Fed's decision-making process and thrown a spanner in the market's narrative that everything is awesome. June rate hike odds crashed to 2% and July rate-hike odds plunged from 48% to 36%. The reaction to this sudden revelation of reality is striking as stocks plunge, gold soars, the US Dollar dumps and bond yields spike lower...