Peace Plans & Payrolls Plunge Trounce Rate-Hike Odds, Spark Gold's Best Week In 7 Months

Tl;dr: Good news (US-Iran deal talk raising hopes of an end to the war) was Good news (for stocks higher - best week since May - as oil prices plunged) and Bad news (shocking disappointment in payrolls) was Good news (rate-hike odds and bond yields down) this week. The combination slammed the dollar lower (JPY higher) and lifted bitcoin and gold (best week for PMs since Jan).

The Payrolls Shock Just Blew Up The September Fed-Hike Trade