Rupee tepidly follows stock and bond rally as midterms deflate Iran worries

After 565 past bearish macro events, Crude Oil (WTI) moved a median -1.4% over 5 sessions (41% higher; middle half -5.9% to +3.0%), and -0.5% over 20.

• Jun 22, 2022Rupee hits fresh all-time low vs dollar as US rate hike worries deepen | News on Markets - Business Standard+2.2%
• Feb 1, 2023Canadian dollar posts 2½-month high as stocks rally after Fed rate hike - The Globe and Mail-2.2%
• Sep 18, 2024Oil prices fall as Fed rate cut stirs economic worries, storage report mixed | Reuters+0.3%
• Sep 18, 2019Rand steadies as investors wait on US fed rates, stocks down - Moneyweb-3.4%
• May 23, 2022Stocks rally as euro gains on likely rate hikes+1.9%

After 312 past bearish macro events, Crude Oil (Brent) moved a median -1.7% over 5 sessions (38% higher; middle half -5.4% to +2.3%), and -1.7% over 20.

• Sep 18, 2024Oil prices fall as Fed rate cut stirs economic worries, storage report mixed | Reuters+1.5%
• Sep 18, 2019Rand steadies as investors wait on US fed rates, stocks down - Moneyweb-2.2%
• Dec 20, 2018Indian Rupee: Rupee's year-end rally heralds a brighter 2019 as oil slumps - Times of India-8.1%
• Sep 27, 2019Rupee rallies to nearly 2-month high as crude subsides | Rupee rallies to nearly 2-month high as crude subsides-7.3%
• Dec 15, 2022Oil prices slid 2% as dollar firms and central banks hike interest rates-2.2%

Not enough comparable past events yet for a historical read.