Include Macro-Economic Data - Macro-Economic Series include government financial reports, indices, some cash prices, some foreign exchange rates and some spot interest rates. Most of these series are not tradeable instruments, so their primary value in correlation analysis may be as background information. They tend to be so highly correlated that they are abundantly (perhaps over-abundantly) represented at the top of Correlation Reports. For these two reasons, most users exclude the Macro-Economic Series by leaving this box unchecked.


Include LME Data - LME Series are forward contract futures traded on the London Metals Exchange. Although they are tradeable in London, one must understand that a 90-day forward copper contract today is an 89-day forward copper contract tomorrow. Traders have sometimes made the mistake of thinking that they had large paper profits when, in fact, they had large brokerage losses. You may also wish to exclude the LME series because the different forward terms are so highly correlated that they heavily populate the top range of Correlation Reports. For these two reasons, most users exclude the LME Series by leaving this box unchecked.

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