Bank Bounce Breaks Longest Losing Streak Ever But Yuan Collapse Continues

How many more lives does this dead cat have?

Video length: 00:04:05

China had another ugly session overnight...

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And while UK's FTSE managed to scramble back to unchanged... most of Europe ended deep red...

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Futures show the scale of today's rebound that started as we headed into the cash open...

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But on the week, all major indices remain red, with Trannies worst...

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The Dow closed below its 200DMA for the 4th day in a row... (briefly tested it intraday but was rejected)

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Banks finally broke their 13-day losing record losing streak - bouncing modestly ahead of CCAR tonight...

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Just a reminder, here's what happened after February's CCAR...

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AMZN's purchase of PillPack sent many of the healthcare distributors and phramacy stocks reeling...

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Treasury yields rose very modestly on the day...

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The Dollar jerked noisily lower on the day

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Pick your Peso on the day - Argentina's Peso collapsed to a new record low close as Mexico's Peso surged ahead of elections...

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EM FX rebounded modestly today, retracing about half of yesterday's losses...

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Yuan continued its collapse - now down 11 straight days...

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Bitcoin flatlined today but is holding unchanged on the week as the rest of the cryptospace drifts lower..

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Despite the dollar weakness, copper and PMs continued to drift lower but WTI extended gains...

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WTI surged higher on the day and tagged $74.03 at the highs...

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