A global asset sell-off with no one knowing the exact reason...
Furthermore, compared to December last year, as of today, the correlation between B and gold has turned net negative.
3/ In the US, the beta of non-farm payrolls is rising. Cross-asset volatility is being lifted by a series of technical factors, including questions about the market’s response function to AI capital expenditure, the speed of recent market movements (particularly in commodities), and the overall long positioning in the market. But so far, from a cross-asset perspective, interest rate volatility remains relatively contained, mainly because the macro outlook hasn't truly changed.
4/ As our indicator for monitoring global risk appetite (growth stocks), KOSDAQ/NIFTY has already seen a continuous pullback for six consecutive trading days since peaking on 26.01.30:
5/ We are closely watching TWD, ZAR, and GBP...
... More content will be discussed in tonight's Cross-Asset Weekly. Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bastion Trading threatens legal action as SkyAI board pressure mounts
Breaking! Apple's brand-new product line revealed, Siri AI enters the home
Paramount (PSKY.US) $110 Billion Acquisition Financing Delayed: Bond Issuance Postponed for Three Months, May Have to Pay $500 Million More in Annual Interest
Paramount has been continuously pitching financing bonds to investors for the acquisition of Warner Bros. Discovery (WBD.US) for several months. However, as the negotiation period has been forced to extend, the financing costs have also risen.
Trump Plans to Announce South Korea's $200 Billion Energy Investment in the U.S., Covering Eight Nuclear Power Plants and the Alaska LNG Project
U.S. President Trump is expected to announce a plan on Wednesday for approximately $200 billion in South Korean-supported U.S. energy projects, involving eight large nuclear power plants, major power generation facilities in Texas, and an Alaskan liquefied natural gas (LNG) export project.
