Dismal Data & "No Deal" Drive Down Dow To Red Close For 2015

More lines crossed...

To clarify, Greece is as close to Grexit as it has ever been and US data is dismal... and stocks are bid, bonds offered, and EUR is being horded.

Futures show the real fun and games in markets today... Futures gapped lower on the Sunday open, then plunged as US liquidity began to arrive (pre-Open) - only to be rescued back miraculously...

 

Cash indices all opened gap down and tried their best to rally back...but ended slightly lower with a weak close...

 

Despite their best efforts at a late ramp, The Dow closes red for 2015!

 

Notably stocks were unable to recover the losses from last week's Greek Deal Rumor levitation...

 

VIX saw its biggest 2-day surge since January from Thursday's 12.56 lows to 15.57 highs today...

 

Credit protection costs are also soaring (more than than underlying stocks)

 

The Dollar fell notably today as early EUR weakness was aggressively bid (by someone) as the US session started (and dismal data suggested delayed rate hikes) but then as Greek Capital Controls news hit, dipped and ripped...

 

Led by a surge in Swissy...

 

Treasury Yields dumped early after weak data exaggerated Grexit anxiety bid... but then the 'sellers' arrived...

 

Commodities were mixed with Gold and Silver well bid at the European close (only to fade) and Crude and copper weak all day (after China stock weakness)

 

Charts: Bloomberg

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