It was generally an up week for currencies and bonds, but mixed for cryptocurrencies, stocks, and commodities. The largest swings were in commodities, with cotton climbing 5.3% and crude oil falling 2.4%.
National currencies, cryptocurrencies, and bonds were all lower this week, while equities and commodities were mixed. Ethereum dropped the most, giving up 14.5% for the week. Palladium saw the largest gain, rising 3.1%.
Filed under Bitcoin, Bonds, Coffee, Commodities, Cotton, Dow Jones Industrials, Platinum, S&P 500, Stocks, US Dollar by
Cryptocurrencies rebounded strongly this week, while national currencies and bonds were mostly lower, and stocks and commodities were mostly higher. The biggest gains were in Ethereum, which rose 31.8%, while the largest losses were in long term bonds, as the TLT fell 1.4%.
Currencies, cryptocurrencies and bonds were lower this week, while equities and commodities were mixed. Precious metals were hit hard, as palladium saw the largest drop of any asset class and platinum closed at a new all-time low. The best performers were cotton, copper and gold stocks, each rising 1% for the week.
It was a "risk on" week, with every asset class rising except Ethereum (down 6.8%) and gold stocks (HUI off 2.7%). The biggest gains were in cotton, up 9.4%, and crude oil, up 4.9%.
This week, commodities and currencies (national and crypto) were mixed, bonds were lower, and equities were mostly higher. Crude oil saw the largest price increase, rising 3.0%. Bitcoin fell the most, down 5.0%, but cotton was close behind, dropping 4.8%. Gold stocks made the second largest gains, rising 1.9%.
2017 was an exciting year, especially in the cryptocurrency markets, where Bitcoin rose about 12x, Ethereum rose about 82x, and other smaller coins and tokens rose even more. Commodities were very active, with palladium surging 38% while coffee fell 19%. Bonds and most currencies were lower, while major stock indexes were higher.
Digital tokens and commodities were mixed, while other asset classes were unchanged or higher. Bitcoin made the largest gains, rising 34.0% to close at 264.8 grams, a new all time high. The largest losses were in silver, which fell 2.6% for the week, closing at 0.4 grams per ounce.
Currencies, bonds and major stock indexes were higher, commodities were mixed, and digital tokens stabilized this week. The largest losses were in coffee and silver, down 2.9% and 2.0% respectively. The biggest gains were in Ethereum, up 4.0%, and crude oil, which rose 3.7%.
Bonds, stocks, and currencies were lower, but digital tokens and commodities were mixed. Bitcoin rose 12.2% while Ethereum dropped 5.2%. Coffee was the weakest asset class, falling 9.4%.
The Canadian Dollar and Chinese Yuan were the best performing national currencies, off by 0.1% and 0.2% respectively. The Euro fell the most, dropping 1.1%. Bonds were lower, with the 20+ year TLT off 0.6%, the 1-3 year SHY losing 0.8% and USD cash (notes of zero maturity) dropping 0.7%.