While most market participants were preoccupied with the FOMC minutes and expectations of Powell’s testimony at the Jackson Hole Symposium, commodities like gold and crude oil also responded to their own set of catalysts. Geopolitical headlines and global growth concerns led the energy commodity mostly lower during the first half of the week while the precious metal managed to reach record highs. How did the rest of the asset classes react to the top-tier developments? Check out this week’s market headlines.
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