Global Market Weekly Recap: November 25 – 29, 2024

The ultimate week of November delivered a combination of great market developments, despite the shortened U.S. trading week attributable to a significant U.S. holiday.

From Scott Bessent’s surprise nomination as Treasury Secretary to shifting sentiment within the Middle East, markets navigated through a fancy web of political, economic, and geopolitical aspects that tested trader conviction across asset classes, leading to the one gains being present in the equity markets by the Friday close. 

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