PremiumTl;dr: After a slaughter in Seoul overnight, with KOSPI extending yesterday's chipmaker chunder, US futures opened ugly but were quickly rescued by 'talk' that a deal was imminent with Iran, sending oil lower (along with the dollar, yields, and rate-hike odds) and stocks and bitcoin higher. An Iranian denial of deal-talks as the day wore on pulled oil off the lows and stocks off the highs with momentum now red YTD...The Good...