Coffee

Cryptocurrencies and stocks fell, national currencies soared, and commodities and bonds were mixed. The largest gains were in 1-3 year bonds and their zero maturity sibling, the USD; they rose 7.8% and 7.7% respectively. Coffee wasn't far behind, gaining 7.1%. Ethereum suffered the most, collapsing 41.1%. Bitcoin dropped 34.3%, while palladium and gold stocks vied for third place, falling 26.9% and 26.6%.

More on Weekly Update 13 Mar 2020 Market Madness

Stocks and cryptocurrencies fell, bonds and most national currencies rose, and commodities were mixed. The big winner was 20+ year treasury bonds, which soared 7.1%; the Japanese Yen came second, gaining 5.7%. Crude oil registered the largest loss, falling 14.4% to a four year low. Ethereum dropped 12.8%, leaving it about where it was three weeks ago. Platinum closed at a new all-time low, and silver saw its lowest close since October of 1992.

More on Weekly Update 28 Feb 2020

National currencies, cryptocurrencies, bonds, and major stock indexes fell while commodities were mixed. The big winners were gold stocks, which rose 6.6%, and palladium, which gained 5.3%. Cryptocurrencies took the biggest hits, as Ethereum dropped 10.1% and Bitcoin fell 9.6%. Although Ethereum registered the largest loss in absolute terms, I see it as a healthy correction following last week's massive 26.9% gain.

More on Weekly Update 21 Feb 2020

Cryptocurrencies rose again, stocks and commodities were mixed, and national currencies and bonds moved lower. Similar to last week, Ethereum soared 26.9% and Bitcoin gained 4.7%… but that was only enough to put Bitcoin in 4th place behind coffee (up 10.3%) and palladium, which added 6.4%. The largest losses were in the Euro, which fell 1.6%. In a three-way tie for second place were the Nikkei index, the HUI gold stocks, and cotton, each down 1.1%.

More on Weekly Update 14 Feb 2020

Cryptocurrencies continued to rise this week, but other asset classes were mixed. Ethereum soared 24.5% and Bitcoin gained 5.5%. The largest losses were in coffee, which fell a further 3.5%, and gold stocks, which dropped 2.7%. In contrast, other major stock markets did quite well, with the S&P 500 and Euro STOXX adding 3.9% apiece.

More on Weekly Update 7 Feb 2020

This week saw a massive updraft for cryptocurrencies and a mix of gains and losses in commodities, while stocks, bonds and national currencies moved lower. Bitcoin and Ethereum closed up 9.3% and 7.0% respectively to become the week's largest winners. Crude oil plunged 8.0% and coffee dropped 7.5%, the largest losses for the week. Palladium rose 4.9% to a new 18 year high.

National currencies were all lower, led by the Japanese Yen, which slumped 1.7%. The Chinese Yuan fell least, giving up just 0.1%. The US Dollar closed off 0.3%. Bonds fared much worse than cash, as the short term SHY declined 1.8% and the long term TLT fell 2.2%.

More on Weekly Update 10 Jan 2020

National currencies and stock markets were lower this week; cryptocurrencies, bonds, and commodities were mixed. Ethereum and palladium reversed course to become the week's largest winners, gaining 2.9% each. Platinum earned honorable mention, rising 2.8%. The table's largest losses were in coffee and copper which fell 5.6% and 2.5% respectively, but the UK FTSE index (not in table) dropped 2.8%.

More on Weekly Update 3 Jan 2020

Stocks, bonds, and cryptocurrencies rose, while national currencies and commodities were mixed. The largest gains were in Bitcoin, which added 6.7%, and palladium, which advanced 4.1%. The largest losses were in crude oil, which dropped 4.2%.

More on Weekly Update 29 Nov 2019

Cryptocurrencies declined again, bonds and commodities moved higher, and national currencies and equities were mixed. The largest gains were in coffee and palladium, which rose 9.1% and 2.5% respectively. The largest losses were in Ethereum, which fell 16.6%, and Bitcoin, which dropped 13.9%.

More on Weekly Update 22 Nov 2019

Cryptocurrencies declined, stocks and bonds moved higher, and currencies and national commodities were mixed. The largest gains were in gold stocks and long term bonds, which rose 2.4% and 1.9% respectively. The largest losses were in Bitcoin, which fell 3.7%, and coffee, which declined 3.2%.

More on Weekly Update 15 Nov 2019: New Dow High?