Yen Weakness Drove Market Last Week

December 02, 2013
By Knowledge Leaders Team in Uncategorized

Over the past quarter, the Yen was weakened by about 5% while the MSCI World is up about 5.5%. This relationship continued last week as the factor with the highest r-squared to MSCI World stock performance was yen correlation. The factor with the lowest r-squared was one-month change in sales estimate.

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