United States

The Chicago Board Options Exchange (CBOE) recently launched a 1-day volatility index for the S&P 500, and it’s now available on Macrobond. 

The purpose of this index is to track expected volatility over a single trading day, as opposed to the standard VIX index, which measures expected volatility on a 30-day horizon. Information on the methodology can be consulted at this link.

In the chart below, we calculated the spread between the VIX 1-Day and the VIX index. A positive spread indicates that VIX 1-day was higher than the standard VIX. We have highlighted such a more-volatile-than-usual trading day in March, when Silicon Valley Bank and Signature Bank were collapsing. 

New Zealand

We’ve expanded our coverage of the nation’s banking sector with the addition of “loans by asset quality” data from the central bank.

Among the various breakdowns available per sector, we chose to focus on non-performing loans, displayed as stacked columns in the chart below. The recent increase is mainly due to housing loans – perhaps a consequence of recent interest-rate increases.

Sweden

Booli Search Technologies AB previously only provided real-estate indices for Sweden’s regions and major cities. They are now providing an overall price index broken down between houses and apartments.

In the chart below, we displayed these two variables’ year-on-year percentage change (1st pane) the and quarter-over-quarter equivalent (2nd pane). While prices for houses keep falling, it appears that prices for apartments are starting to stabilise – rising for three consecutive months quarter-on-quarter.