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Global Market Weekly Recap: August 26 – 30, 2024

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Major assets were all over the place this week as traders tried to balance a massive load of news and data, and based on the results, it appears they put a little more weight on individual asset catalysts over overall market sentiment drivers. Middle East tensions and Libyan supply concerns moved crude oil prices, while the US dollar and bond yields recovered from their recent losses on positive US data. Equity indices were erratic as traders balanced earnings reports against bond yield moves, and Bitcoin was dumped hard this week. What headlines made the biggest waves in the markets this week? We’ve got the details!

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