Green week for stocks Market news (15 – 21 Aug)

in #wallstreet2 years ago


Last week, the financial markets responded well to the lower-than-expected July CPI (Consumer Price Index) and PPI (Producer Price Index) results. What followed seemed to be a wave of gains. Here are the main highlights:

Forex: The euro rose on the back of a declining US dollar.

Commodities: Gold celebrated its 4th successive week of gains.

Cryptocurrencies: Many leading cryptocurrencies saw double-digit gains.

US stocks market: Nasdaq officially entered the bull market.

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