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%.
The weakest currency was the Chinese Yuan, off 0.1%. The Canadian Dollar was strongest, rising 0.9%, followed by the Euro, which was up 0.8%. Short term bonds rose 0.6% while long term bonds gained 1.3%. Zero-maturity USD cash added 0.7%.
Bitcoin sagged early in the week, hitting a low of 170.3 grams on Monday, but recovered to close the week at 181.2 grams, up 1.5%. Ethereum followed a similar pattern, hitting a low of 12.3 grams on Monday, but it's recovery wasn't as strong, leaving it 0.5% below the prior week's close.
US stocks showed strength this week, as the S&P 500 gained 1.2%. The Japanese Nikkei index fell 0.8%, and the European STOXX 50 index dropped 0.5%. Gold stocks were little changed, up 0.1%.
Cotton continued its multi-week rise, gaining another 5.3%. Coffee also rose strongly, adding 2.7%. Crude oil saw the week's largest decline, falling 2.4%. Metals were mixed, with silver down 0.8% and palladium up 2.0%. Platinum was little changed, up 0.1%.
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