As the year draws to a close, it’s time we dive into a review of the top and bottom performers across various asset classes. Were there any unexpected surprises or notable highlights that caught your attention over the past 12 months?
First, let’s explore the major currencies with the dollar setting the pace:
– GBP: down 1.4%
– CNY: down 2.8%
– EUR: down 5.7%
– CHF: down 7.3%
– CAD: down 8.3%
– AUD: down 8.7%
– JPY: down 10.8%
– NZD: down 10.9%
The takeaway here? The dollar reigns supreme, largely because the US economy has outperformed its international counterparts. A Trump victory and a more assertive Federal Reserve have certainly played a significant role in reinforcing the dollarβs dominance. π
Now, moving on to major market indices in Asia, Europe, and the United States:
– Nasdaq: up 29.8%
– S&P 500: up 23.8%
– Nikkei: up 19.2%
– DAX: up 18.9%
– Hang Seng: up 17.7%
– CSI 300: up 17.3%
– Shanghai Composite: up 14.3%
– IBEX: up 14.2%
– Dow Jones: up 13.0%
– FTSE MIB: up 12.6%
– Russell 2000: up 10.7%
– UK FTSE: up 5.0%
– CAC 40: down 3.0%
The bottom line? Technology stocks have led the charge, with Nvidia as a noteworthy contributor to the upward momentum. On the flip side, French stocks didnβt fare as well, hindered by political issues despite the upcoming Paris Olympics. π€
Shift your focus to some other interesting asset classes:
– Cocoa: up 187.3%
– Bitcoin: up 118.3%
– Natural gas spot: up 66.9%
– Ethereum: up 46.0%
– Gold: up 26.4%
– Silver: up 21.4%
– Copper: up 5.1%
– WTI crude oil: up 0.4%
– Brent crude oil: down 3.2%
– Platinum: down 9.5%
– Soybean: down 23.0%
The standout here is Bitcoin, surging to phenomenal heights, but goldβs steady rally, with gains over ten months, is also noteworthy. The big question remains: will these trends continue as we move into the new year? π