Japan against the rest of the world!

When markets around the world start to rumble it's usually a good exercise how all these moves compare against one another.

The Relative Rotation Graph shows the relative picture for a number of major world equity markets against the Dow Jones World Index as the benchmark. The Indian $NIFTY index is on its way down backed by a long tail that is sending it lower on both axes well inside the weakening quadrant. A similar rotation, albeit with less strength, is visible for the Canadian. The weakest rotation is found for the European $STOXX600 index that just crossed over into the lagging quadrant. < p class"entry-more-link">Continue reading "Japan against the rest of the world!" »

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