Global Market Weekly Recap: July 29 – August 2, 2024

The usual correlations between major assets were not in evidence at the start of the week as top-tier data releases sparked volatile price reactions and individual directional moves. Interest rate developments in the US, Japan and the UK were at the forefront, although tensions in the Middle East and US corporate earnings releases may also have had some impact on overall market sentiment. How did your closely watched assets react to these events? Let’s break them down:

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