Global Market Weekly Recap: January 13 – 17, 2025
Global risk assets caught a nice bid this week, thanks to cooler-than-expected U.S. inflation data and dovish remarks from FOMC members Waller.
Treasury yields plunged from 14-month highs, fueling gains across stocks, gold, and bitcoin, all of which hit fresh highs. Meanwhile, crude oil swung between $77 and $80 amid reports of U.S. sanctions on Russian oil firms and speculation about Israel-Hamas ceasefire talks.
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