Global Market Weekly Recap: July 1 – 5, 2024

Last week was an eventful one for global markets despite the shortened trading week in the US. Politics played a big role with the French elections over the weekend, the UK parliamentary elections and the prospects for the US presidential election likely to grab attention and impact major financial market assets. Also at the forefront were US labor market reports, which were generally negative. We saw bond yields return to the downside as the weak labor market is likely to increase the chances of a more dovish Fed policy going forward. What other headlines did the markets react to the most this week? Let us break them down for you:

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GlobalJulymarketRecapWeekly
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