Intraday Market Thoughts
Stocks, JPY, Yields Correlation Restored
by
May 6, 2016 18:58
Today's US jobs report was mostly neutral-to-negative and its dynamics will not do the job to sway the Fed into raising rates in June. The chart below shows how easily-beaten corporate earnings were able to lift the S&P500 in March-April, making a break away from the positive correlation with US 10-year yields and USDJPY. But the last 2 weeks have seen a normalisation as equities fell back in line. Full article.
Click To Enlarge
Latest IMTs
-
What's Next for Euro ما بعد لل
by Ashraf Laidi | Jul 3, 2025 16:13
-
Forecaster App التطبيق الذي كنت تنتظره
by Ashraf Laidi | Jun 18, 2025 10:55
-
Updating GoldBugs تحديث مناجم الذهب
by Ashraf Laidi | Jun 16, 2025 13:58
-
Breaking Debt Ceiling & Forex Brokers
by Ashraf Laidi | Jun 6, 2025 17:33
-
Recession Metric & Tariff Marsh
by Ashraf Laidi | May 26, 2025 13:47