The FTSE 100 Index (EWU) and the CAC 40 Index (EWQ) also had negative correlations of 61% and 87.7% with Brent crude oil January futures in the last five trading sessions. Brent crude oil futures rose 2.3% during this period. The FTSE 100 Index and the CAC 40 Index rose 0.6% and 1% during this …
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