Cross-asset relationships

Rolling correlations of hourly returns between 14 nodes, 120h against 720h, with betas and lead/lag. A state is published only after it has held 6 bars. These are descriptions of co-movement in the data, not forecasts; lead/lag has not been validated as predictive.

MOCK datagraph bar 09-17 01:00Z7 strong0 breaking down4 weakening26 strengthening7 recovering

Network|720h corr| ≥ 0.3 · click a node to rank sensitivity, an edge for its history

move together move opposite weakening breaking downline width = |correlation|

Breaking or weakening4 of 91 pairs

Pair	State	120h	720h
GBP/JPY	WEAKENING	+0.08	+0.39
EUR/JPY	WEAKENING	+0.44	+0.63
ETH/RISK_ASSETS	WEAKENING	+0.11	+0.26
BTC/RISK_ASSETS	WEAKENING	+0.19	+0.33

Most sensitive to USD720h correlation · beta on USD

USD EUR GBP JPY AUD GOLD SILVER WTI COPPER BTC ETH YIELDS VOLATILITY RISK_ASSETS

Node	Corr	Beta	State
EUR	−0.89	−0.96	stable
GBP	−0.82	−0.98	stable
AUD	−0.70	−1.04	recovering
JPY	−0.69	−1.02	recovering
GOLD	−0.46	−1.25	strengthening
SILVER	−0.45	−1.51	stable
COPPER	−0.23	−0.66	strengthening
BTC	−0.19	−2.34	stable
WTI	−0.18	−1.03	strengthening
ETH	−0.13	−1.99	stable

Same macro bet · open positions0 legs · signed corr ≥ 0.45

No open paper positions.

Same macro bet · opportunities 24h0 not rejected

No candidate, qualified, approved or executed opportunities in the last 24 hours.

SILVER/WTI through time+0.55 vs +0.39 · beta 0.23 · 503 obsSTABLE2d 7d 30d

120h corr 720h corr09-10 02:00Z → 09-17 01:00Z · bar colour = published statelast beta 0.23

Lead / lagbest lag within ±6h over 720h · descriptive only

No pair shows a lagged correlation that beats its same-bar correlation by the configured margin.

Correlation matrix720h · outlined: breaking down (red), weakening (amber)

	USD	EUR	GBP	JPY	AUD	GOLD	SILVER	WTI	COPPER	BTC	ETH	YIELDS	VOLATILITY	RISK_ASSETS
USD		−0.89	−0.82	−0.69	−0.70	−0.46	−0.45	−0.18	−0.23	−0.19	−0.13	0.05	0.08	−0.08
EUR	−0.89		0.66	0.63	0.53	0.40	0.33	0.12	0.14	0.15	0.12	−0.10	−0.12	0.11
GBP	−0.82	0.66		0.39	0.53	0.33	0.39	0.12	0.21	0.21	0.16	0.00	0.00	0.16
JPY	−0.69	0.63	0.39		0.08	0.48	0.25	−0.01	−0.07	−0.08	−0.12	−0.23	−0.17	−0.30
AUD	−0.70	0.53	0.53	0.08		0.16	0.42	0.32	0.42	0.32	0.25	0.16	0.04	0.34
GOLD	−0.46	0.40	0.33	0.48	0.16		0.44	0.27	0.05	−0.02	−0.08	0.07	−0.21	−0.03
SILVER	−0.45	0.33	0.39	0.25	0.42	0.44		0.39	0.39	0.20	0.16	0.08	−0.05	0.11
WTI	−0.18	0.12	0.12	−0.01	0.32	0.27	0.39		0.46	0.15	0.14	0.32	−0.02	0.18
COPPER	−0.23	0.14	0.21	−0.07	0.42	0.05	0.39	0.46		0.32	0.28	0.30	−0.02	0.39
BTC	−0.19	0.15	0.21	−0.08	0.32	−0.02	0.20	0.15	0.32		0.73	0.19	0.01	0.33
ETH	−0.13	0.12	0.16	−0.12	0.25	−0.08	0.16	0.14	0.28	0.73		0.10	0.08	0.26
YIELDS	0.05	−0.10	0.00	−0.23	0.16	0.07	0.08	0.32	0.30	0.19	0.10		−0.09	0.17
VOLATILITY	0.08	−0.12	0.00	−0.17	0.04	−0.21	−0.05	−0.02	−0.02	0.01	0.08	−0.09		−0.04
RISK_ASSETS	−0.08	0.11	0.16	−0.30	0.34	−0.03	0.11	0.18	0.39	0.33	0.26	0.17	−0.04

Nodes are return series; JPY is the yen's own strength (−USDJPY). Correlation and beta use pairwise-complete bars, so markets closed at weekends reduce the sample (see observations). Graph 7db91244-afd · config relationships-1.0.0+a74f5c11.