Intermarket correlations were a bit all over the place this week, signaling that the major assets were mostly marching to their own tunes. It's also likely that traders were having a tough time balancing different themes and stories, including mixed rate cut rhetoric from Fed members, weaker than expected global economic activity data, and geopolitical headlines.
U.S. equity indices saw mid-week reversals while spot gold and crude oil prices took cues from U.S. dollar demand at times. Bitcoin (BTC/USD) was a different animal this week as it was gains galore for the bulls.
Which headlines influenced the major assets' price action this week? We have the deets!