S&P7,659.4−1.11%16 Oct
Nasdaq29,187.6−2.53%16 OctStoxx6,204.2+0.58%16 OctFTSE10,796.3−0.79%Nikkei64,916.7−0.62%Hang Seng24,186.8+0.52%16 Oct10Y5.10%+1 bp16 OctS&P7,659.4−1.11%16 OctNasdaq29,187.6−2.53%16 OctStoxx6,204.2+0.58%16 OctFTSE10,796.3−0.79%Nikkei64,916.7−0.62%Hang Seng24,186.8+0.52%16 Oct10Y5.10%+1 bp16 OctS&P7,659.4−1.11%16 Oct
Markets
The Claims · Open · 28 sessions to 30 Nov · The dollar index printed 99.16 and the ex-US discount stayed open

Soft-dollar days produce dispersion, not a basket bid

From 22 Aug to 30 Nov 2026, on sessions where the dollar index falls more than 0.5%, the cross-sectional standard deviation of daily returns across Euro Stoxx 50, FTSE 100, Nikkei 225, and Hang Seng exceeds its trailing-250-session median on more than half of those sessions.

Resolves by
30 Nov 2026
Confirm
More than 50% of soft-dollar sessions show above-median dispersion.
Kill
50% or fewer, the basket is bidding as a basket; “ex-US” is a trade after all.
Void
Fewer than 8 qualifying sessions in the window.
Grade
1 Dec. Needs stored daily closes; the same-session tile is live today.
Series · Close Fri 16 Oct
Euro Stoxx 50

6,204.2+0.58%

FTSE 100

10,796.3−0.79% · 19 Oct

Nikkei 225

64,916.7−0.62% · 19 Oct

Hang Seng

24,186.8+0.52%

Dollar index

101.97+0.13% · 19 Oct

Grade

Open. 1 qualifying soft-dollar session (DXY down > 0.5%) since 22 Aug 2026: 3 Sep 2026 dispersion 1.40 above the trailing 250-session median of 0.66; needs 8 by 30 Nov. Counted from sealed cash closes.

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