FTSE keeps stable correlation with S&P 500

Source: Dukascopy Bank
© Dukascopy Bank
FTSE 100 (UKX) Index moved relative close with S&P 500 Index (SPX) and Stoxx Europe 600 Index (SXXP) in last trading sessions, as both correlation coefficients averaged 0.66 and 0.68 respectively. The link between UK benchmark index and gold (GOLDSH) remained steady at 0.4. Meanwhile the negative relationship between UK benchmark and USD/CAD currency pair weakened from minus 0.6 to minus 0.55.

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