Weekly Update 2 Jun 2023



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Summary: Cryptocurrencies rallied, but other asset classes were mixed. The largest gains were in the CCi30 crypto index, up 2.5%, silver and cotton, up 2.4% each, and the Nikkei 225 stock index, up 1.8%. The worst losses were in commodities, as platinum fell 2.5%, palladium dropped 2.4%, and crude oil declined 2.1%. US Dollar cash underperformed its bonds, declining 0.8% while short term notes fell 0.6% and long term bonds gained 0.1%.