New York openRisk-offMacro
Markets in stagnation as volatility rises.
The market is exhibiting a notable lack of movement today, with the S&P 500 down 0.77% and the Dow slipping 0.08%. Bitcoin and Ethereum are also in the red, down 1.03% and 2.11% respectively. Meanwhile, WTI crude is an outlier, gaining 2.60%, while the VIX has surged by 15.54%, indicating increased market anxiety. The US 10Y yield has decreased by 1.23%, reflecting a flight to safety amidst the overall market dullness.
US Dollar (DXY)
100.787+0.06%
VIX
19.33+15.54%
GBP/USD
1.3452-0.66%
Market activity is subdued, with a notable rise in volatility.
On the radar
- VIX — VIX moved +15.54% (z=+2.42) vs its 1m distribution
- GBP/USD — GBP/USD moved -0.66% (z=-1.62) vs its 1m distribution