Weekly Update 25 Jan 2025

National currencies, cryptocurrencies, and bonds fell; stocks and commodities were mixed. The worst losses were in the CCi30 index, down 7.5%, and Ether, down 6.9%, followed by crude oil, down 6.3%. The largest gains were in coffee, up 3.5%, and palladium, up 2.9%, followed by the Nikkei 225 index, up 1.9%.

US Dollar cash, down 2.2%, underperformed long term bonds, which fell 2.1%, while short term notes tracked cash with a 2.2% decline. The strongest national currency was the Euro, which was little changed for the week.

US stock markets fell, while overseas markets rallied. The Dow Industrials, off 0.1%, outperformed the S&P 500 index, which despite making a new "all-time high" in US Dollar terms, fell 0.5% to close 60% below it's all-time high as measured in gold. The best performing stock index was the Nikkei 225, up 1.9%.

Platinum and cotton made new all-time lows again this week. Cotton fell 2.2% to close at 7.6 mg/lb. Platinum ended the week at a new low of 10.6 g/oz, down 1.3%. Silver fell 1.5% to close at 0.345 g/oz.


Click for PDF version

Filed under monetary universe by  #