REPORT:
correlation between USOIL and DAX is very high. In contrast of Gold.
with the unstable political and terrorism level in Europe we are seeing a higher pricelevel of gold and lower pricelevel of Crude OIL.
Expecatation could be: follow the trend (look at the yellow colord trendline).
Information deserved from: bloomberg.com and Bloomberg terminal.
correlation between USOIL and DAX is very high. In contrast of Gold.
with the unstable political and terrorism level in Europe we are seeing a higher pricelevel of gold and lower pricelevel of Crude OIL.
Expecatation could be: follow the trend (look at the yellow colord trendline).
Information deserved from: bloomberg.com and Bloomberg terminal.
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