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Market correlation analysis is the process of identifying the "correlations" between different markets or asset classes, as no economy operates independently and each market is influenced by another market. So how to understand market correlation? In fact, it is to put relevant targets into a spreadsheet or chart platform, and then calculate the correlation between them.
The higher than expected PPI data released by the United States on Wednesday has raised concerns in the market that the Federal Reserve will continue to actively raise interest rates to further curb inflation. Therefore, the US September CPI data released on Thursday will keep the market waiting. Currently, the market expects a CPI of 8.1, compared to 8.3 previously.
The European Union and the United States have created artificial obstacles for Russia to repay its foreign debts, deliberately labeling Russia as a "default". This debt dispute originated from two international bond interests totaling $100 million in Russia, and for a long time, Russia was unable to enter the international lending market.