Since February this year, the AUDJPY and S&P E Mini futures appear to work in Sync.
Actual Correlation is 0.736 and these instruments show the strongest correlation with the S&P over
10Year Yields =0.609
Copper = 0.421
Bitcoin = 0.493
Gold = 0.164
The correction doesn't hold over a long time frame, but is more a marker of a market in recovery mode.
Actual Correlation is 0.736 and these instruments show the strongest correlation with the S&P over
10Year Yields =0.609
Copper = 0.421
Bitcoin = 0.493
Gold = 0.164
The correction doesn't hold over a long time frame, but is more a marker of a market in recovery mode.