Despite a lot of effort today...

BMW fears battered European stocks - not helped at all by a 4th day of China devaluation wringing the carry trade out of EUR...Weak US data pushed stocks lower but Crude's rampathon lifted stocks (as JPY lost its mojo) and then JPM's quant fell on his sword

Cash indices roundtripped but were unable to get green...

And since the post-FOMC peak...

CAT was the big loser after cutting outlooks and slashing jobs...

VIX was higher on the day but those crazy tails were very evident again...

And the JPM comment drove the algos wild...

The whole day was one of roundtrips...around Europe's close...

Treasury yields tumbled as stocks sold off then began to ramp back higher as Europe closed...

The USD Dollar dumped early on as Yuan devaluation sparked more EUR/CNH unwinds (and EUR strength) but once again as soon as Europe closed a mysterious bid for USDs re-emerged ahead of Asia...

Commodities generally rose on the day with gold and silver most notable.

Close up on crude's roundtrip

But it was gold and silver that stood out...

Charts: Bloomberg