Weekly Update 2-Sep-2016

Another mixed week, with currencies and bonds mostly lower, equities higher, and commodities both mixed and volatile. The largest gains were in coffee, which rose 4.1%, while the largest losses were in crude oil, which pulled back 7.1%.

The Chinese Yuan was the only rising currency, up 0.7%. The JPY fell the furthest, losing 3.2%. The USD lost 0.4%.

Stock markets were all higher, led by the Euro STOXX, which rose 2.1%. The Dow Jones Industrials rose 0.1%, but remain below their 36 month moving average.

Metals were all lower except for silver, which was unchanged at 0.44 grams per ounce.

Priced in Gold Weekly Summary

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