What Changed While You Slept?
The most important moves across global equities, futures, bonds, currencies, commodities and crypto since you were away — automatically adjusted to your timezone. See market tone, the five biggest changes, the New York → Tokyo → Hong Kong → Europe handoff and a cross-asset snapshot.
Changes since 10:00 PM UTC · 14h 40m
Gains in China and gains in Hong Kong offset by weakness in Japan and rising yields.
14 assets moved significantly · avg |move| 1.52%
5 Things That Changed
Volatility eased
Largest move across tracked assets in the selected period.
Why this matters
A significant VIX move indicates a change in the market's expectation of near-term volatility, which affects options pricing and risk positioning.
Gold climbed
100th-percentile move for this asset versus its own history.
Why this matters
Gold moves can reflect shifting demand for safe-haven assets or changing real-yield expectations.
Hong Kong & China advanced
Why this matters
A large move in Asian futures often sets the tone for that session's open and can influence sentiment in subsequent trading zones.
U.S. equities rallied
Why this matters
A large move in U.S. futures often sets the tone for that session's open and can influence sentiment in subsequent trading zones.
European futures firmed
Why this matters
A large move in European futures often sets the tone for that session's open and can influence sentiment in subsequent trading zones.
The Market Story Changed
Wall Street → Asia: Asian markets opened higher after Wall Street's session finished higher.
Asia → Europe: European futures were trading higher as Asia handed over, following a higher session there.
What Happened While You Were Away
What Happens Next
By Region
Cross-Asset Snapshot
| Asset | When You Left | Now | Change | Significance |
|---|---|---|---|---|
| US 10Y Yield | 4.89 | 4.95 | +1.19% | NormalWithin the typical range for this asset. |
| Dollar Index | 101.87 | 101.26 | -0.59% | HighLarger than 86% of comparable moves in the lookback period. |
| Brent Crude | 103.6 | 101.58 | -1.95% | NotableLarger than 72% of comparable moves in the lookback period. |
| Gold | 3,940 | 4,057 | +2.95% | Very HighLarger than 100% of comparable moves in the lookback period. |
| Bitcoin | 77,345 | 78,155 | +1.05% | NormalWithin the typical range for this asset. |
| EUR / USD | 1.12 | 1.13 | +0.64% | HighLarger than 89% of comparable moves in the lookback period. |
| USD / JPY | 157.91 | 158.34 | +0.27% | NormalWithin the typical range for this asset. |
Significance is relative to each asset's own historical volatility, not a fixed percentage threshold.
Found this useful? Send the overnight recap to someone who missed it.
This page shows the most important changes across global equities, futures, bonds, currencies, commodities and crypto since a time window you choose. Every move is measured relative to that starting point — automatically adjusted to your timezone — so you always see what happened while you personally were away, not just the standard daily open-to-close. The live scores and moves above update on load; the explanations below are always available.
How to Read This Page
What is the Global Change Index?
A composite score from 0–100 measuring how many tracked assets moved significantly during the selected window, and by how much relative to their historical norms. A higher score means more assets moved meaningfully. It is a measure of how eventful the session was — not a directional indicator, so a high reading does not say whether markets went up or down.
How significant moves are identified
Each asset's move is ranked against its own historical volatility percentile, on a four-tier scale: above the 90th percentile is Very High (), the 75th–90th is High (), the 50th–75th is Notable (), and below the 50th is Normal (). Because typical daily ranges differ, a 0.7% move in the Dollar Index is treated very differently from a 0.7% move in Bitcoin — a small percentage move can rank Very High if that asset rarely moves that much.
How global trading sessions connect
Global markets trade in sequence: New York closes, then Tokyo and Hong Kong open, then European markets begin. The Global Market Handoff shows what happened in each session and how conditions evolved around the world — without asserting that one session caused another's moves. It is a timeline, not a claim of cause and effect.
How the comparison window works
Two controls shape what you see. Perspective lets you select your region — US, Europe, India or Asia. Compare Since lets you choose a reference point: when you went to sleep, when your local market closed, the last 8 hours, or a custom time. All moves shown are relative to the selected start time, not the standard daily open-to-close.
Methodology
Global Change Index
A composite of move count and magnitude: how many tracked assets made a meaningful move during the window, combined with the average size of all moves, normalised to a 0–100 scale.
Global Risk Score
Derived from VIX direction, US Treasury yield moves, and currency stress signals. Rising volatility, large yield swings and sharp currency moves all push the score higher.
Five Things That Changed
Selected by ranking all tracked assets by percentage move × historical volatility percentile rank, then taking the top five. This surfaces moves that are both large and unusual, rather than simply the biggest raw percentage changes.
Scores reset with the window
Every score and ranking is recalculated each time the comparison window changes, so the page always reflects the exact period you selected.
Data sources
Finnhub (US equities and earnings), Alpha Vantage (US dividends and splits), EODHD (international equities and dividends), and NSE India (India corporate actions and board meetings).
Frequently Asked Questions
- Why are some moves marked Large even if the percentage looks small?
- Significance is relative to each asset's own volatility history, not an absolute threshold. A move that is small in percentage terms can still be unusual for an asset that rarely moves much.
- Why does my timezone affect the page?
- The comparison window starts from your selected reference point in your local time, so overnight moves are always shown relative to when you personally stepped away.
- Is this page real-time?
- Data refreshes on page load and on manual refresh. It is not a streaming ticker.
- What does the Global Market Handoff show?
- It shows the performance of major indices across each trading session in sequence — New York, Tokyo, Hong Kong, and Europe — so you can see how conditions evolved around the world.
- Why does the page sometimes show a loading state?
- The live scores and asset moves are fetched from market data providers on each load. The explanatory content on this page is always available immediately.