Welcome back to the markets after a brutal weekend.
Gold just had its worst day since 1983, crashing 9%, while silver fell a staggering 27%—the largest drop ever recorded. Add to that steep declines in copper and oil, and we’ve got the recipe for a volatile open. Meanwhile, Asian equities got crushed, with the KOSPI down 5%, and China’s manufacturing PMI missed badly.
In Europe, green shoots: France and the UK posted surprise PMI gains, while Germany’s retail sales shocked to the upside. In crypto, BTC fell to $74K before rebounding, with more than $5.5B in liquidations since Thursday. Regulatory talks begin today at the White House, while Ripple secures a full EU license.
The week is off to a chaotic start—catch the full breakdown inside.
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