Global Market Weekly Recap: July 1 – 5, 2024

It was a busy week for the worldwide markets despite a shortened trading week within the U.S.

Politics got here 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, got here in net negative. We saw bond yields shift back to the downside as weakening jobs market likely increased the percentages of a more dovish Fed down the road.

Which other headlines did the markets react to essentially the most this week? Allow us to break it down for you:

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