Gold Pops, Stocks Drop As Futures Open After Korean Chaos
In an echo of last week's move following North Korea's testing of missiles across Japan's territory, futures markets are opening in a decidedly risk-off manner following North Korea's "hydrogen bomb" test. Dow Futs down 100 points, Gold jumping and Treasury bonds bid...
All major US equity indices are down...
Gold is back above $1340...
USDJPY broke below 110.00
And VIX futures are spiking back into last week's Korea crisis region...
Of course, what happens next is anyone's guess as last week saw the BTFDers panic-buy stocks to their best week in 10 months.
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