News from The ROBERT|CHARLESGroup for investing in the futures and futures options markets. Futures trading is risky. Our goal is to take the risk out of a high risk business. Keep your comments clean and respect others' opinions. Profanity and insults are not acceptable. THE RISK OF LOSS IN TRADING COMMODITY INTERESTS CAN BE SUBSTANTIAL. IN CONSIDERING WHETHER TO TRADE OR TO AUTHORIZE SOMEONE ELSE TO TRADE FOR YOU, YOU SHOULD READ AND BE AWARE OF THE RISKS, DISCLOSURES, AND OTHER INFORMATION SET FORTH BELOW. *
LONDON—Foreign exchange is finding new fans among hedge funds and global macro-focused asset managers, as tighter correlations between currencies and other assets prompt investors to use it as a proxy for other markets. With a persistent state of crisis in the euro zone over the past year, key asset classes are now moving in lock step, leaving the correlation between the euro's exchange rate against the dollar and U.S. equity returns near historic highs. Oil prices and the euro are also unusually closely linked, while the Australian dollar's tie-in with global stocks is rock-solid.
Jan. 16 (Bloomberg) -- European stock futures retreated as France prepared to hold a bond auction after Standard & Poor’s stripped the country of its top credit rating and downgraded eight other euro-area nations. U.S. index futures and Asian shares also fell.
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