This was a losing week for government-issued currencies as well as stocks and bonds, but mixed for commodities. The free market currency Bitcoin made the largest gains, rising 8.6%, while crude oil and gold stocks saw the largest declines, falling 4.8% and 4.7% respectively. Platinum bounced back, recouping almost all of the prior week's losses.
Currencies and bonds rose this week, while stocks and commodities were mixed. The strongest asset class was crude oil, which gained 9.8%, while the weakest was silver, which lost 1.2%.
Among the currencies, Bitcoin made the largest gains, rising 2.4%. The USD and EUR rose 1.2% each, and even the weakest currencies, the CNY and CAD, gained 0.8%. Short term treasuries tracked the dollar's 1.2% gain while long term treasury bonds gained 1.7%.
This week was mostly lower for bonds and equities, but mostly higher for currencies and commodities. The strongest asset class was Bitcoin, which rose 7.8%, while the weakest asset class was gold stocks, which fell 4.4%.
Another mixed week, in many ways a reversal of last week's trends. Currencies were mostly higher, while stocks were higher in the US, but lower in Japan and Europe. Commodities were volatile: crude oil again made the biggest gains this week, rising 9.5%, and the largest losses were once again in cotton, down 3.3%.
Another mixed week, with currencies mostly lower, and stocks lower in the US, but higher in Japan and Europe. Commodities were volatile: crude oil made the biggest gains this week, rising 5.5%, while the largest losses were in cotton, off 8.7%, and coffee, down 4.8%.
Filed under Bitcoin, Bonds, Coffee, Commodities, Cotton, Dow Jones Industrials, S&P 500, Silver, Stocks, Uranium by
This was a mixed week, with currencies mostly lower, and stocks lower in the US, but higher in Japan and Europe. Crude oil had the biggest drop, falling 7.4%, while the largest gains were in the Euro STOXX, up 5.9% and the gold stocks, which rose 4.2%.
Filed under Bonds, Commodities, Dow Jones Industrials, Platinum, S&P 500, Silver, Stocks, US Dollar by
The only rising asset classes this were coffee, up 4.8%, and silver, which gained 4.6%. All the others declined, led by copper, down 7.0%, and the Euro STOXX, which fell 6.5%. The next largest losses were in the Chinese Yuan, which dropped 4.8%.
This was an excellent week for all asset classes except the platinum group metals and gold mining stocks. Topping the charts was Bitcoin, which gained 10.2% to close at 12.1 grams. This was followed by cotton, up 7.5% and the Euro STOXX (FEZ ETF) which gained 6.9%. The HUI gold stock index had the greatest losses, down 5.3%, closing at 5.1 grams. Platinum, off 1.0%, and palladium, down 0.7%, were the only other declining assets for the week.
This week's trading saw currencies and bonds lower, stocks mixed, and commodities mostly higher. The largest gains were in crude oil, up 6.9%, palladium, up 6.2%, and silver, which rose 4.9%. The weakest asset was the long treasury bond (TLT) which fell 3.9%.
This was a rough week for most asset classes. The only exceptions were crude oil, up 5.7% to recover most of last week's losses, the HUI gold stock index, which added 5.6% to the prior week's rally, and the Japanese Yen, which gained 1.4%. The biggest drops were in commodities, with coffee (off 7.3%), palladium (down 5.9%) and copper (dropping 5.7%) leading the way lower.
Filed under Bonds, Commodities, Cotton, Dow Jones Industrials, Platinum, S&P 500, Stocks, US Dollar by