Global Market Weekly Recap: Feb. 5 – 9, 2024

Market correlations seemed to be in flux for the most part of the week, as different factors came in play for currencies, equities, and commodities.

Pushback on policy easing by a handful of major central banks spurred rallies for their respective currencies and highlighted divergences with more dovish monetary authorities.

Meanwhile, opposing forces pushed crude oil prices around, including geopolitical tensions, revised world demand forecasts, and surprise inventory gains.

This Article Is For Premium Members Only

Become a Premium member for full website access, plus get:

  • Ad-free experience
  • Daily actionable short-term strategies
  • High-impact economic event trading guides
  • Access to exclusive MarketMilk™ sections
  • Plus More!
FebGlobalmarketRecapWeekly
Comments (0)
Add Comment