New York openRisk-onCommodity
Markets react as WTI crude takes a sharp dive.
Today's trading session is marked by notable volatility in WTI crude, which has plummeted by 6.19% (z=-2.43), diverging significantly from its one-month distribution. The Dow, on the other hand, has managed a modest gain of 0.85% (z=+1.56), indicating a mixed sentiment in equities. Bitcoin is showing a slight decline of 0.28% (z=-0.37), while Ethereum is up by 0.31% (z=-0.21), suggesting a cautious approach among crypto traders. The US 10Y yield has also dipped by 0.68% (z=-1.49), reflecting shifts in bond market dynamics. Overall, the market tape is relatively subdued, with few standout movements beyond crude oil.
Gold
4089.5+0.54%
WTI crude
83.78-6.19%
Dow
52390.0195+0.85%
WTI crude's significant drop may signal upcoming volatility.
On the radar
- Dow — Dow moved +0.85% (z=+1.56) vs its 1m distribution
- US 10Y yield — The US 10Y yield's -0.51% decline with a z-score of -1.22 suggests a significant move in bond markets, potentially impacting equities.