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

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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