According to this excellent graphical analysis from Citi Research, the market is moving in line with the macroeconomic changes around the world more than ever. In the U.S. and the world, more than 70 percent of the moves in the equity markets can be explained by macroeconomics. That figure is low for Europe but still above 50 percent.


U.S.-Iran Peace Deal Extends Gulf Ceasefire, Reopens Strait of Hormuz
Europe EV Demand Surges as Fuel Prices Rise Amid Iran Conflict
Trump and Iran Sign Framework Peace Deal in France Amid Ongoing Middle East Tensions
Asian Stocks Rally as Japan and South Korea Reach Record Highs on US-Iran Peace Deal
Asian Currencies Steady as BOJ Raises Rates and Markets Await Fed Decision
Dollar Slips as U.S.-Iran Peace Deal Optimism Boosts Risk Appetite Ahead of Fed Decision
Trump Questions USMCA Renewal as Trade Talks Continue
Myanmar Economic Outlook Hit by Fuel Price Shock as World Bank Cuts Growth Forecast
German Auto Suppliers Turn Bearish as Investment and Jobs Shift Overseas




