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Everything Rips As Rate-Hike Odds Dip On Dovish Waller & Dumping Dollar Ahead Of Payrolls

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

Tl;dr: Stocks climbed a wall of Waller non-worry today as the formerly hawkish Fed governor flipped dovish, slamming rate-hike hopes and sending stocks (AI Tech leading) and bonds (prices) higher. The dollar puked amid a yentervention-esque move which blasted Gold and most notably Bitcoin sizably higher. Oil also ended modestly higher while US diesel prices hit four year highs.

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