National currencies, commodities, and most stocks fell, while cryptocurrencies rose, and bonds were mixed. Gold stocks scored the largest gains, rising 6.6%, but all major stock indexes closed lower. Long bonds (TLT) and Ethereum vied for second place, gaining 2.8% and 2.7% respectively. Crude oil once again registered the largest loss, falling 11.8% to a new four year low. Natural gas (not in table) recorded a new all-time low.
National currencies, cryptocurrencies, bonds, and major stock indexes fell while commodities were mixed. The big winners were gold stocks, which rose 6.6%, and palladium, which gained 5.3%. Cryptocurrencies took the biggest hits, as Ethereum dropped 10.1% and Bitcoin fell 9.6%. Although Ethereum registered the largest loss in absolute terms, I see it as a healthy correction following last week's massive 26.9% gain.
Cryptocurrencies rose again, stocks and commodities were mixed, and national currencies and bonds moved lower. Similar to last week, Ethereum soared 26.9% and Bitcoin gained 4.7%… but that was only enough to put Bitcoin in 4th place behind coffee (up 10.3%) and palladium, which added 6.4%. The largest losses were in the Euro, which fell 1.6%. In a three-way tie for second place were the Nikkei index, the HUI gold stocks, and cotton, each down 1.1%.
Most asset classes moved lower; the main exceptions were gold stocks, which rose 3.0%, and long term treasury bonds, which gained 2.5%. The largest losses were in crude oil, which dropped 7.8%, and copper, which fell 6.1%. Cryptocurrencies also pulled back, less than some commodities, but more than stocks or bonds.
National currencies and stock markets were lower this week; cryptocurrencies, bonds, and commodities were mixed. Ethereum and palladium reversed course to become the week's largest winners, gaining 2.9% each. Platinum earned honorable mention, rising 2.8%. The table's largest losses were in coffee and copper which fell 5.6% and 2.5% respectively, but the UK FTSE index (not in table) dropped 2.8%.
Equities and commodities were mixed but weighted to the downside; all other asset groups moved lower. The largest gains were in cotton, which rose 0.9%, and the S&P 500, which added 0.8%. The worst performers were Ethereum, which fell 11.7%, and gold stocks, which dropped 3.6%.
National currencies moved higher, but all other asset classes were mixed. The largest gains were in coffee and crude oil, which rose 8.4% and 5.0% respectively. The largest losses were in silver, which fell 4.4%, and gold stocks, which declined 3.7%.
Stocks, bonds, and cryptocurrencies were higher, while national currencies and commodities were mixed. The largest gains were in Bitcoin and coffee, which rose 7.3% and 4.9% respectively. Gold stocks were another standout, rising 2.6%. The largest losses were in cotton, which declined 0.7%. The US Dollar gained 0.3%.
National currencies and bonds were lower, cryptocurrencies were higher, and equities and commodities were mixed. The largest gains were in Bitcoin and crude oil, which rose 6.9% and 3.7% respectively. The largest losses were in long term bonds, which declined 2.3%. The US Dollar was 1.5% lower.
Stocks were lower, while all other asset classes were mixed. Crude oil and platinum had the largest drops, falling 6.2% and 6.1% respectively. Long term bonds made the strongest gains, rising 1.8%.