Global Market Weekly Recap: August 5 – 9, 2024


Risk sentiment was one of the main driving forces for price action for the most part of the week, although there were still instances when some asset classes and major currencies veered away from the pack.

For one, central bank events and top-tier economic updates highlighted divergences in interest rate expectations, spurring gains for currencies with more hawkish policy biases. Geopolitical tensions also popped back in the headlines, propping crude oil higher on global supply concerns.

How did your closely watched assets react to these events? Let’s break them down.

This Article Is For Premium Members Only

Become a Premium member for full website access, plus get:

  • Ad-free experience
  • Daily actionable short-term strategies
  • High-impact economic event trading guides
  • Access to exclusive MarketMilk™ sections
  • Plus More!