Gold Spikes To 6-Year High, Oil Jumps, Stocks Dump As Asia Opens

Amid the weekend’s escalating tensions, threats, and retaliations in the middle east, futures trading has opened with some significant market moves…

Spot gold is at its highest since April 2013…

Source: Bloomberg

Gold futures are up around 2%…up near $1600

WTI Crude futures are also up notably, tagging $64 and taking out last week’s highs…

Dow futures are down around 150 points, taking out Friday’s lows…

And bond futures are higher…

2020 has not been kind to risk assets…so far.

How many more points down will The Dow be allowed before somebody gets on the phone!??