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In the preamble of last week’s chart quiz we said:
The answers are loosely themed, though knowing that probably won’t help much.
Wrong! Spotting a theme could’ve helped you loads. In fact, for reasons that will become clear, it was probably your only available route to victory.
Answers first:
Chart One is CME live cattle futures, first contract generic. Nearly everyone got this right.
Chart Two is Puma shares. Nearly everyone got this right.
Chart three is Croatian kunas to dollars. Hardly anyone got this right.
A thing we hadn’t realised is that kuna has always traded almost one-for-one with the Danish krone. Why? Absolutely no idea. The only previous mention of the correlation we can find is an old Reddit thread that’s full of people arguing across each other.
Here they are on the same chart:
Yeah, OK. Unreasonably difficult. Sorry.
A person might’ve clocked the significance of the date range, which ends at Croatia’s switch to the euro at the end of 2022. Or they could’ve picked up on the animal theme: cow, puma, kuna (it means marten in Croatian).
Once again, sorry.
In spite of everything, six people got the right answers. Of them, the wheel picked . . .
. . . Luke Ashford, a quantitative researcher at Squarepoint Capital in London. Congratulations to him. Everyone else should come back on Friday for another go.
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