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Global Market Weekly Recap: October 28 – November 1, 2024

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Market correlations were chaos for most of the week, with stocks and commodities moving according to their individual catalysts. Geopolitical tensions were still at the forefront, although OPEC+ updates and US inventory data also pushed crude oil prices. Meanwhile, gold and Bitcoin rose to all-time highs, while the US dollar and Treasury yields looked unsettled with non-farm payrolls tensions and election-related uncertainty. What headlines moved major assets this week?

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