Traders' expectations that the Constitutional Court of Germany would approve the European Stability Mechanism, the euro zone's new bailout fund, also bolstered market sentiment.
One widely watched guide, the Chicago Board Options Exchange's VIX index, a measure of traders' expectations of share price gyrations, in July reached levels not seen since the 1987 crash, and shot up again last week.
The Federal Reserve can control short-term interest rates, but long-term rates, which determine mortgage costs, depend largely on bond traders' expectations of the government's future borrowing needs.
The oil price fall, which began over concerns about the rout on Chinese stock markets, has been exacerbated by traders' expectations of the market being flooded by Iranian exports following the lifting of sanctions.
Traders' expectations for inflation over the next decade fell to almost a five-year low as oil settled to its lowest price since May, yields on Treasuries whose payments are tied to the Consumer Price Index showed.
Click here for more of Peter Way's analysis of block traders' expectations of ETF price movements.
Click here for more of Peter Way's analysis of block traders' expectations of commodity and stock price movements.
Click here for more of Peter Way's analysis of block traders' expectations of gold, energy and ETF price movements.
Click here for more of Peter Way's analysis of block traders' expectations of ETF and index price movements.
Click here for more of Peter Way's analysis of block traders' expectations of price movements in energy and precious metals markets.
