Long before the magnificent NFP headline data mesmerized USD buyers and flushed commodities down the pan, Copper at the LME saw a 'Flash Crash' and was forced to cancel all trades for the 646amET timestamp. Considering the post-'flash' action, it seems yet again a flash crash gives us a glimpse of reality.
The orange oval shows the flash crash event and then shortly afterwards the red oval shows the market's reaction to the NFP print.
Chart: Bloomberg
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