National currencies, cryptos, and bonds all moved lower this week, while stocks and commodities were mixed, but mostly lower. Palladium had the largest gains, rising 3.9%. The only other assets in the green were the Dow Jones Industrials, up 0.9%, the S&P 500, up 0.2%, and silver, which closed unchanged. The largest losses were in cryptos, with the broad CCi30 index down 9.1%, and Ethereum down 8.6%. Outside of crypto, the worst losses were in cotton, off 2.2%, and long term treasuries and gold stocks, off 2.0% each.
Other notable losses were in crude oil, down 1.8%, and the Euro, down 1.2%. The USD finished 0.1% lower. The best performing national currency was the Canadian Dollar, which was little changed.
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