# Markets question degree of monetary divergence

> Emerald expert briefing says markets have been little affected by recent monetary policy news. It states the dollar index has risen 4% since early September and Brent crude passed $60 per barrel for the first time in over two years.

- Date: 2017-11-06 · published 2017-11-06T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/68156-markets-question-degree-of-monetary-divergence
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

A stronger dollar and firmer crude both feed into commodity pricing, though the briefing expects limited further upside in oil. Effects on feed prices are indirect.

## Read by commodity

- DXY: bullish ▲
- BRENT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2016-11-23 | [C$ weakens on monetary policy divergence prospects](https://feedsoft.ai/events/74052-c-weakens-on-monetary-policy-divergence-prospects.md) | +0.3% | +1.0% |
| DXY | 2021-07-28 | [Markets tire of anti-greenback bet as central banks diverge - The Globe and Mail](https://feedsoft.ai/events/46294-markets-tire-of-anti-greenback-bet-as-central-banks-diverge-the-globe-and-mail.md) | -0.4% | +0.4% |
| DXY | 2024-04-12 | [Dollar jumps on central bank divergence, euro hits five-month low](https://feedsoft.ai/events/9970-dollar-jumps-on-central-bank-divergence-euro-hits-five-month-low.md) | +1.1% | +0.5% |
| DXY | 2025-02-18 | [Box A: Implications of US Policy Settings for Financial Markets \| Statement on Monetary Policy – February 2025 \| RBA](https://feedsoft.ai/events/26334-box-a-implications-of-us-policy-settings-for-financial-markets-statement-on.md) | +0.0% | -1.4% |
| DXY | 2021-11-18 | [Euro hit by bets ECB monetary policy will diverge from major peers – The Irish Times](https://feedsoft.ai/events/11950-euro-hit-by-bets-ecb-monetary-policy-will-diverge-from-major-peers-the-irish.md) | +1.1% | +0.6% |
| BRENT | 2026-10-29 | [Monetary Policy Report (IPOM) press conference, third quarter of 2026 \| BCRA](https://feedsoft.ai/events/17346-monetary-policy-report-ipom-press-conference-third-quarter-of-2026-bcra.md) | -5.4% | — |
| BRENT | 2018-05-22 | [Strange divergence in gold and oil could spell more gains for stocks](https://feedsoft.ai/events/64946-strange-divergence-in-gold-and-oil-could-spell-more-gains-for-stocks.md) | -4.9% | -4.8% |
| BRENT | 2018-04-30 | [Higher oil prices to divide emerging markets, benefit Malaysia](https://feedsoft.ai/events/65778-higher-oil-prices-to-divide-emerging-markets-benefit-malaysia.md) | -0.2% | +2.0% |

## Sources

- doi.org: https://doi.org/10.1108/oxan-db225582

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.