Global Market Weekly Recap: August 5 – 9, 2024

Global Market Weekly Recap: June 9 – 13, 2025


What a week it’s been for global markets. We kicked things off with renewed optimism around US-China trade talks in London, which helped Bitcoin surge past $108,000 and kept risk assets buoyant. Wednesday’s softer-than-expected US inflation data had traders pricing in Fed rate cuts, sending the dollar tumbling to three-year lows against major currencies.

But Friday morning changed everything – Israel’s massive strikes on Iran’s nuclear facilities sent shockwaves through markets, with oil prices jumping 5%+, gold pushing toward record highs, and stocks gapping lower as investors rushed to safety. From trade hope to geopolitical chaos in just five days.

Let’s check out the market headlines and break down the price action from this week!

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