Weekly Update 16 Feb 2024



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Summary: Most assets moved higher; the only exceptions were coffee, down 1.5%, and gold stocks, off 0.2%. Ethereum was the best performing asset, rising 14.3%, followed by Bitcoin, up 12.1%, and the CCi30 crypto index, up 9.9%. Palladium rallied 9.4% and copper added 5.5%. The US Dollar led other national currencies, gaining 1.3%, and cash outperformed treasuries as well. CNY shows as unchanged because the Shanghai Gold Exchange is closed for Lunar New Year. More on Weekly Update 16 Feb 2024