"Greece Is Contained" Except In Crude, Copper, FX, US & EU Stocks, & Peripheral Bonds

Seemed appropos...

"Greece is contained" was the clear message desperately trying to be provided to the masses today as PPTs from all around the world lifted FX (and equities directly in some regions) in an effort to keep the dream alive... It didn't work!

It started in China... and failed...

Click on picture to enlarge

Then Europe... and failed... (in stocks)

Click on picture to enlarge

With Spain, Portugal, and Italy dumped...

Click on picture to enlarge

and bonds...

Click on picture to enlarge

Then US... and failed...

Click on picture to enlarge

Click on picture to enlarge

Broken marketss and VIX nado'd...

Click on picture to enlarge

FX markets turmoiled but it appears The ECB and BoJ had an 'understanding'...

Click on picture to enlarge

Here's how EURJPY was used to ingite carry trade-spewed momos into lifting stocks higher...

Click on picture to enlarge

Treasuries well well bid out of the gate as investors sought safety... then sold off into the European close... then yields ripped to the lows of the day...

Click on picture to enlarge

Commodities mixed...

Click on picture to enlarge

Crude clubbed like a baby seal...

Click on picture to enlarge

Some context for Crude today... Carnage!!

Click on picture to enlarge

Copper crashed...

Click on picture to enlarge

And finally - gold and silver! Makes perfect sense as all hell breaks loose for the precious metals to trot along the flatline ignoring all the noise as if some external factor was crushing the life-giving volatility out of the status-quo-meme-destroying prices...

But apart from all that - Greece is priced in, Greece is contained, and Greece doesn't matter

Charts: Bloomberg

Bonus Chart: How do you say "Deja Vu All Over Again" in Chinese?

Click on picture to enlarge

 

Copyright ©2009-2015 ZeroHedge.com/ABC Media, LTD; All Rights Reserved. Zero Hedge is intended for Mature Audiences. Familiarize yourself with our legal and use policies every time you engage ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.