Let’s briefly review the week’s market action on the basis of a few performance charts.
Global stock markets were generally higher, with the top performance coming from emerging markets – again spearheaded by China,Hong Kong,and Japan. American equities were mildly disappointing compared with global markets, with only the Nasdaq Composite Index registering a positive return.
GLOBAL STOCK MARKETS
Interest rates were lower across the yield curve during the week, whereas exchange rates were mostly flat.
FIXED-INTEREST AND CURRENCY MARKETS
There was action aplenty in the commodities markets, with solid increases all around, but with the energy complex stealing the limelight. The only bad apple was livestock which registered a loss for the week.