Global Market Weekly Recap: August 26 – 30, 2024


The major assets were all over the place this week as traders tried to balance a hefty load of news and data, and based on the outcomes, apparently putting slightly more weight into individual asset catalysts over broad market sentiment drivers.

Middle East tensions and Libyan supply concerns moved crude oil prices around, while the U.S. dollar and bond yield recovered from their recent beat down on net positive U.S. data. Equity indexes behavior was erratic as traders balanced earnings reports against bond yield movements, and bitcoin was dumped hard this week.

Which headlines made the biggest waves in the markets this week? We have the deets!

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