Bloomberg Market Wrap 8/1: Stocks and Commodities Diverge, Currencies

The video discusses the recent decline in commodities and stocks, highlighting the Bloomberg Commodity Index's significant drop despite a stable dollar. It explores the impact of China's demand and the Trump trade war on these markets. Additionally, the video examines currency movements, particularly the USD/JPY cross, in response to the trade tensions, noting the yen's strength against G10 currencies.

What was the percentage drop in the Bloomberg Commodity Index during the recent downturn?

• 3.0%

• 2.0%

• 2.6%

• 1.5%

How did the S&P 500 and Bloomberg Commodity Index perform before the fourth quarter volatility last year?

• They were inversely correlated.

• They were uncorrelated.

• They were roughly in line and correlated.

• The S&P 500 outperformed significantly.

What is a potential concern for both commodities and stocks over the long term?

• The recovery of the commodity complex.

• The S&P 500 reaching new all-time highs.

• The divergence between the S&P 500 and the Bloomberg Commodity Index.

• The correlation between stocks and commodities.

Which currency is considered a safe haven and has been advancing against its G10 peers?

• Euro

• British Pound

• Japanese Yen

• Canadian Dollar

What was the movement of the USD/JPY cross during the trade war tensions?

• It fell by the most since May.

• It remained stable.

• It rose by the most since May.

• It showed no significant change.