{"id":51904,"date":"2020-03-22T19:11:21","date_gmt":"2020-03-23T00:11:21","guid":{"rendered":"https:\/\/olduvai.ca\/?p=51904"},"modified":"2020-03-22T19:11:24","modified_gmt":"2020-03-23T00:11:24","slug":"us-futures-crash-limit-down-bonds-bullion-bid","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=51904","title":{"rendered":"US Futures Crash Limit-Down, Bonds &#038; Bullion Bid"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><a href=\"https:\/\/www.zerohedge.com\/markets\/us-futures-open-close-limit-down-gold-pops-bonds-bid\">US Futures Crash Limit-Down, Bonds &amp; Bullion Bid<\/a><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Amid the usual last minute negotiations in Washington, spread markets suggested an ugly open for futures but FX trading in Asia was relatively subdued for once.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>But, for now, no Congress agreement on stimulus means a lack of bids, so the US equity futures contract are limit-down 5%.&nbsp;<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Dow futures opened down 950 points&#8230; limit-down&#8230;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/zh-prod-1cc738ca-7d3b-4a72-b792-20bd8d8fa069.storage.googleapis.com\/s3fs-public\/inline-images\/2020-03-22_15-09-46.jpg\" alt=\"\"\/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">ECB Mulls Revisiting its QE Limits<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">S&amp;P Futs trade limit-down at 2,174 (when Cash opens: 7% 2128, 13% 1989.50, 20% 1828.50)&#8230;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/zh-prod-1cc738ca-7d3b-4a72-b792-20bd8d8fa069.storage.googleapis.com\/s3fs-public\/inline-images\/2020-03-22_15-05-43.jpg\" alt=\"\"\/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Gold popped back above $1500&#8230;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/zh-prod-1cc738ca-7d3b-4a72-b792-20bd8d8fa069.storage.googleapis.com\/s3fs-public\/inline-images\/2020-03-22_15-02-06.jpg\" alt=\"\"\/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Treasuries are bid, extending their yield collapse from Friday&#8230;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/zh-prod-1cc738ca-7d3b-4a72-b792-20bd8d8fa069.storage.googleapis.com\/s3fs-public\/inline-images\/2020-03-22_15-04-01.jpg\" alt=\"\"\/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">10Y Kiwi paper yields crashed after RBNZ announced an emergency QE&#8230;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/zh-prod-1cc738ca-7d3b-4a72-b792-20bd8d8fa069.storage.googleapis.com\/s3fs-public\/inline-images\/bfm7971.jpg\" alt=\"\"\/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">WTI has plunged to a $20 handle&#8230;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/zh-prod-1cc738ca-7d3b-4a72-b792-20bd8d8fa069.storage.googleapis.com\/s3fs-public\/inline-images\/2020-03-22_15-11-09.jpg\" alt=\"\"\/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em>All a big&nbsp;<\/em><a href=\"https:\/\/www.zerohedge.com\/markets\/what-happened-sept-29-2008\"><em>&nbsp;replay &#8211; perhaps &#8211; of the failed TARP vote from 2008<\/em><\/a>&#8230;<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The short gamma clearout via quad witching would help calm markets, they said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US Futures Crash Limit-Down, Bonds &amp; Bullion Bid Amid the usual last minute negotiations in Washington, spread markets suggested an ugly open for futures but FX trading in Asia was relatively subdued for once. But, for now, no Congress agreement on stimulus means a lack of bids, so the US equity futures contract are limit-down [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[29218,647,29237,4318],"class_list":["post-51904","post","type-post","status-publish","format-standard","hentry","category-economics","tag-limit-down","tag-precious-metals","tag-us-financial-markets","tag-zerohedge"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/51904","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=51904"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/51904\/revisions"}],"predecessor-version":[{"id":51905,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/51904\/revisions\/51905"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51904"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51904"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51904"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}