Markets around the event · cumulative change, 10 sessions before to 20 after · shaded: normal range of Brent oil
Brent oilSwiss francUS dollar
Coup in Niger
Soldiers detain President Mohamed Bazoum and seize power. Riftrate read 80 the day before and 84 at its highest within 14 days.
Riftrate the day before80Crisis
Within 14 days84 ▲ +4.1Crisis
CategoryPolitical crisisCoups and political crises
CountryNiger
What markets didfrom the last close before the event
| Market | Next session | After 5 sessions | After 20 sessions | How unusual |
|---|---|---|---|---|
| Brent oil | -0.6% | +2.3% | +1.5% | bigger than 35% of 5-day moves |
| US 10-year yield | -0.05 pt | +0.14 pt | +0.43 pt | bigger than 72% of 5-day moves |
| US dollar | -0.1% | +0.6% | +2.1% | bigger than 61% of 5-day moves |
| Swiss franc | +0.2% | -1.4% | -1.8% | bigger than 81% of 5-day moves |
| Japanese yen | +0.4% | -1.7% | -3.3% | bigger than 83% of 5-day moves |
Correlation or cause? A market that moves on the day of an event is not proof that the event moved it. “How unusual” compares the move with every 5-day move of the previous three years: above 95%, the move stands out from normal noise. Read it with the news of the day, and see how to tell correlation from causation. Not investment advice.
Riftrate · 60 days before and after
Source for the event: en.wikipedia.org. Market data: FRED, Federal Reserve Bank of St. Louis.