Bibi Bails-Out Markets: Late-Day Comments Crush Crude, Spark Bid For Bonds & Stocks

Tl;dr: All the major US equity indices broke below their 200DMAs today as attacks on Gulf energy infrastructure went to '11' overnight (but stocks bounced back in the last hour as oil plunged on Bibi's comments). WTI and Brent decoupled overnight (export ban) but fell back together after Israel comments. The oil plunge sparked a bid for bonds, bailing them out from yields spiking globally on various Central bank 'hawkish holds'. Gold was clubbed like a baby seal, dramatically underperforming BTC's decline as the dollar also tumbled (EUR & GBP strength from CBs).

Oil