Reported 7 days ago
The third quarter of 2024 saw significant volatility in global markets, highlighted by the Japanese yen's best performance since the 2008 financial crisis, gaining 11% amidst rapidly rising interest rates and dreary U.S. economic data. While world stocks and U.S. Treasuries rose by approximately 6%, gold surged almost 15%, and oil prices fell by 17%. China's aggressive stimulus measures led to a recovery in emerging markets, even as major tech stocks faced mixed results. The fourth quarter is anticipated to be tumultuous, especially with the upcoming U.S. presidential election influencing economic outlooks.
Source: YAHOO