Stocks rose, commodities were mixed, and all other asset classes fell. The week's best performers were gold stocks, up 4.1%, followed by platinum, up 3.7%, and crude oil, up 2.7%. The largest losses were in coffee, down 7.0%, the CCi30 crypto index, down 6.0%, and Bitcoin, down 5.2%.
The US Dollar and the Japanese Yen fell more other national currencies, declining 1.6% each. The Chinese Yuan performed best, slipping 0.5%. Short term bonds declined 1.6%, but long term bonds held up well, sliding just 0.2%.
Major cryptocurrencies moved lower. Bitcoin fell 5.2% and the broader index of 30 cryptos dropped 6.0%. Ethereum outperformed, slipping just 0.8%.
US and Japanese stocks rose slightly, 0.1% to 0.2%. The Euro STOXX gained 2.0%, and gold stocks had the largest gains, rising 4.1%.
Commodities were very mixed. Coffee and cotton fell the most, dropping 7.0% and 2.5% respectively. Silver fell 1.6%, but the other metals rose, especially platinum, which gained 3.7%. Crude oil added 2.7%.
Over the last five years, Bitcoin (up 39.8%) and Ethereum (up 38.4%) are the best performing assets. The CCi30 crypto index (down 47.9%) and the Japanese Yen (down 44.4%) fell the most.
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