Stocks & Dollar Drop, Bonds & Bullion Pop On Dismal Retail Sales Print

Oddly, overnight news in Asia and Europe was terrible enough to juice US equity futures back to Monday's highs (and run those stops) as USDJPY was pressed up to 102.50... but dismal US retail sales data sent them reeling. Treasury yields are tumbling (5Y now -3bps on the week), gold and silver are jumping (over $1310 and $20 respectively) after an early slam down, The USD is getting monkey-hammered as EUR repatriation strength dominates, oil is up, and stocks have leaked notably back off the day's highs.



As Futures give back most of overnight gains...


Meanwhile, behind the scenes, the algos are up to their old tricks. Courtesy of Nanex.