From copper to high-yield credit and from stocks to bonds and gold, markets are reacting violently to the headlines from China that they are unleashing another 500bn Yuan "stealth QE"... everything is rallying.. except the USD (biggest drop since May).
US markets...
FX... USD's biggest drop since May!
with AUD and EUR bearing the USD weakness brunt...
Commodities are all surging...
Copper surges and halted...
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