Today's key indicators are ...( ຶ- ຶ)zero.
There are no important economic indicators announced until Thursday, so what needs to be watched is ...
① 10-year bond yield
② Crude oil
③ Gold
④ Dollar Index
Mainly this area is believed to be influencing market psychology, and ① expressed some thoughts on the comments incorporating rate cuts.
② Possibly rising in anticipation of increased consumption activation of crude oil importance due to China's easing measures dragging on due to Middle East issues. I think it's about time to calm down though...
The relationship between ③ and ④ is basically inverse correlation, but recently, despite the Dollar Index rising, gold remains firm. If it does not show inverse correlation, there is a possibility that both the US dollar and gold, which are safe assets due to external factors such as the Middle East issue, are favored (risk-off) at the moment.
If any of these indicators start to decline after reaching a peak, it should trigger the rise of risk assets such as stocks, so together with ViX, it would be desirable to watch the market changes.
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J_M_RIN OP : By the way, the market seems to be looking up if indicators 1 to 4 stabilize, as the movement at the end of last Friday was good.