U.S. stocks are well off session lows, but gold continues to move ahead, now up 2.3% and at a 4-month high of $1,352 per ounce. At a 5-month high is WTI crude oil, up 2.1% to $1.04.74 per barrel.
Not showing much movement earlier, money is now flowing out of Europe and into the greenback, which has gained 0.5% against the euro (FXE) and cable (FXB) and 0.4% vs. the Swiss franc (FXF)
Another beneficiary is volatility, and the iPath S&P 500 VIX Short-Term Futures ETN (VXX +5.4%) moves to its highest level in a month.
Vol ETFs: VXX, UVXY, TVIX, XIV, VIXY, SVXY, ZIV, VXZ, VIXM, VQT, CVOL, VIIX, XVZ, PHDG, VIXH, ACWV, XVIX, XXV, TVIZ, IVOP, VIIZ
Gold ETFs: GLD, IAU, PHYS, SGOL, UGL, DGP, GLL, DZZ, UGLD, DGL, GLDI, DGZ, AGOL, DGLD, TBAR, UBG, GLDE, GYEN, GEUR, GGBP