Weekly Update 8 Mar 2024
Only cryptocurrencies, precious metals and gold stocks advanced, other assets declined. The 30 crypto index was the best performing asset, rising 8.0%, followed by Ethereum, up 7.1%. Palladium rose 5.3% and Bitcoin gained 3.3%. The worst losses were in crude oil, down 7.9%, and cotton, down 7.8%. The US Dollar dropped 5.6% to a new all-time low of 14.3 mg (the EUR, JPY, CAD, CHF, GBP, and AUD, among others, also made new all-time lows this week.)
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