Weekly Update 16 Aug 2024

Stocks moved higher; national currencies, bonds, and cryptos declined, and commodities were mixed. The best performers were gold stocks, up 6.1%, and Japanese stocks, up 5.1%. The largest declines were in Bitcoin, down 5.6%, and the CCi30 crypto index, down 5.2%. Cotton and the Japanese Yen were tied for third place, down 3.3% apiece. The US Dollar fell 2.4% to a new all-time low of 12.5 mg.