Gold Erases Flash-Crash Losses As Dollar, Bond Yields Slide After Dismal ISM Data

By Tyler Durden of ZeroHedge

Writer at ZeroHedge • Aug 3, 2017 at 12:45 PM EDT

While stocks are marginally lower following the collapse in ISM Services, Bond yields and the dollar are tumbling as gold lifts.

When even the 'soft' survey data is disappointing - catching down to collapsing 'hard' data - it seems markets can't ignore reality any longer. While stocks are marginally lower following the collapse in ISM Services, Bond yields and the dollar are tumbling as gold lifts...

The Dolar Index is testing yesterday's lows (and cycle lows)...

And the 30Y yield is back at two week lows...

(Click on image to enlarge)

And gold has erased all of its flash crash losses overnight...

(Click on image to enlarge)

So let's see what happens at 1906ET tonight?

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