Global Market Weekly Recap: October 21 – 25, 2024

This week’s market action highlighted the tug of war between rising US Treasury yields and safe-haven flows, as investors digested mixed economic data, inflation, geopolitical concerns and uncertainties related to the US and Japanese elections. While gold and the dollar moved in tandem with geopolitical tensions and Fed forecast changes, stocks and oil prices felt pressure from global growth concerns and cautious sentiment. What headlines moved major assets this week? Let’s break it down:

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GlobalmarketOctoberRecapWeekly