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, with the small moves for stocks, it would make sense to look to other clues. Investors look to the volatility index to see whether it is on the rise. Whether these record highs can be sustained. Another volatility index is on the rise. The index in white. Some of them call it a panic index. Year,e in july of last when the s p 500 was carving out new highs, the scio index was high. Skew index was high. Keep this in mind, considering we have the vix low, the skwew s px on the rise after the 500 is at record highs. We have talked about green shoots, and one of the things that backs that up as the resteepening of the yield curve. The spread between 10 year and two year yields rose above 25 basis points for the First Time SinceJuly Caroline july. Inverted fort only a week late in august. There has been a noticeable flattening of the curve. Long head has rallied stronger than t ....
Renewables is seen widening the appeal of its muchanticipated ipo. Yousef it is 8 00 a. M. Across the emirates. Welcome to Bloomberg Markets middle east. I am yousef gamal eldin in dubai. Our top story today, north korea reporting missile launches early this morning before the markets opened. Markets look at how reacted, we saw a spike in defense related stocks. Lets jump into my bloomberg. I have the industrial space right here. 6 . This little bit on a day where it is subdued and volumes are not quite there, defense stocks up him a 1. 5 . Have a look at some of these names, five within that space. That said, history tells us that when you have these spikes on the peninsula, you get a spike in stocks. And you get a drop subsequently. Japan ande story, south korea have issued a strong protest. We are looking at reactions from the u. S. , and most importantly china. Guests oned by our all this. What do we have here . It is just ....
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