02 July 2024 – 08:39 Central Euro Time

The Swiss Franc is at present the only BEGOS Market outside (below) its Neutral Zone for today; session volatility is quite light. The firmest correlation amongst the five primary BEGOS components is one which is positive between Gold and Oil, although by Market Trends, the former’s linreg is negative whilst the latter’s is positive; (the correlation benefits from both markets being well up from their lows of a week ago, however we remain more attuned to Gold slipping near-term rather than Oil breaking higher). Still, by Market Values, Gold is (in real-time) -43 points below its smooth valuation line whilst Oil is +5.13 points above same. Nothing is due today for the Econ Baro ahead of a bunching of incoming metrics tomorrow for the shortened equities session ahead of Thursday’s holiday.