Phase5 (QE3) | Factor1 | Factor2 | Factor3 | Factor4 |
Australia | 0.270 | 0.047 | 0.009 | 0.156 |
Brazil | 0.227 | 0.348 | 0.536 | −0.440 |
Canada | 0.422 | −0.025 | 0.413 | 0.672 |
China | 0.126 | 0.320 | −0.425 | 0.200 |
France | 0.362 | −0.117 | −0.187 | −0.272 |
Germany | 0.361 | −0.216 | −0.311 | −0.215 |
Italy | 0.331 | −0.080 | −0.148 | 0.133 |
Japan | 0.051 | 0.829 | −0.197 | 0.083 |
Russia | 0.283 | 0.008 | −0.302 | −0.175 |
UK | 0.312 | −0.128 | −0.055 | 0.128 |
US | 0.360 | 0.061 | 0.272 | −0.315 |
Variance explained | 85.4% | 4.4% | 2.9% | 2.4% |
Cumulative variance explained | 85.4% | 89.9% | 92.7% | 95.1% |