Ogee wrote: Wed May 10, 2023 7:49 pm Not seen anything like that, forex is a 2 way market (one currency vs another) but indices are stand alone, weighted grouping of stocks in the exchange's national currency. The big indices tend to move in unison because big companies are international and will rise if the general economy is booming and because of money flow.

For example, at different points of the economic cycle money will flow into stocks (and indices a proxy for stocks) and out of bonds or cash, and at other times the reverse will happen.

You will see disparity if a particular country's economy is having difficulties and is going in a different direction but generally they will be moving the same way.