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VIX-Slam Saves Stocks From China Turmoil As Copper Crashes

An oldie but a goodie... Didn't work today... China's return from Golden Week combined with a dismal dump in ist trade data overnight has seenYuan volatility back on the rise... Stocks are the biggest losers post-Fed Minutes... Crude inventories rose, jamming oil lower, and then the narrative changed on the build (it was an imaginary build that was actually a yuuge draw) and oil ripped back above $50 and supported stocks.
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