Global Market Weekly Recap: July 1 – 5, 2024

July 6, 2024 2:47 am

It was a busy week for the global markets despite a shortened trading week in the U.S. Politics came into play with France’s weekend elections, the U.K.’s parliamentary elections, and U.S. presidential prospects likely drawing in attention and having some weight on major financial market assets.  U.S. labor market reports were also front and center, which overall, came in net negative. We saw bond yields shift back to the downside as weakening jobs market likely increased the odds of a more dovish Fed down the road. Which other headlines did the markets react to the most this week? Let us break it down for you:

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