5th Oct - Bull marches on

4th Oct - Good PMIs and new ATHs

3rd Oct - German holiday, no data

2nd Oct - Continuation of quarter-end euphoria

Quote of the day:

The inability to easily buy a hedge is precisely why it stands a much better chance of being the real risk you should be worried about.

1st Oct - Market Overview

ITEMS
US 10-year government bond yield
German 10-year government bond yield
Australian dollar vs Japanese Yen
Crude oil future
Copper future
German DAX-30 stock index future
Euro Stoxx 50-stock index future

Monthly candlesticks: Stock markets bottomed-out in February 2016 after a deep correction. Both oil- and copper prices also bottomed-out at the same time. The connection to bond yield- or foreign exchange rate changes is much less clear.


















Weekly candlesticks: Stock markets peaked in June 2017. This time around stock markets reacted negatively to rising copper- and oil prices, but more importantly, to the rising bond yields.

















Daily candlesticks: Stock markets bottomed-out around the end of August 2017. Bond yields, USDJPY and crude oil bottomed-out around the same time, but copper prices topped out around the same time.