Hi, I have noticed that their is a correlation between the perfomance of the SPX and SX5E index but with the DAX index sometimes the inverse. Would anyone be able to assist in the main drivers for this. Im thinking it has to do with the consitutents and whether they are net exporters/importers etc but I am sure there are other factors as well.
Any info/advice is appreciated.
Any other correlations with for the European indexes would be interesting as well.
Any info/advice is appreciated.
Any other correlations with for the European indexes would be interesting as well.
