Weekly Update 2-Sep-2016
Another mixed week, with currencies and bonds mostly lower, equities higher, and commodities both mixed and volatile. The largest gains were in coffee, which rose 4.1%, while the largest losses were in crude oil, which pulled back 7.1%.
The Chinese Yuan was the only rising currency, up 0.7%. The JPY fell the furthest, losing 3.2%. The USD lost 0.4%.
Stock markets were all higher, led by the Euro STOXX, which rose 2.1%. The Dow Jones Industrials rose 0.1%, but remain below their 36 month moving average.
Metals were all lower except for silver, which was unchanged at 0.44 grams per ounce.