Commodities were mixed, but all other asset classes moved lower. The largest gains were in palladium, up 9.8%, crude oil, up 3.0%, and silver, up 2.5%. The only other asset in the green was platinum, which gained 0.2%. The largest losses were in Ethereum, down 9.0%, and Japanese stocks, down 5.2%, followed by gold stocks, down 4.6%. Coffee dropped 4.1% while the Dow Jones Industrials and Bitcoin each fell 3.4%.
Most major currencies made new all-time lows, including the US Dollar, Chinese Yuan, Japanese Yen, Euro, Swiss Franc, and Pound Sterling. Cotton also continues to fall, making a new all-time low of 8.0 mg/lb.
US Dollar cash, down 0.7%, outperformed both short term notes, down 0.9%, and long term bonds, down 2.5%.
Click for PDF version
