Charles-Henry Monchau

Chief Investment Officer


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WEEKLY SUMMARY: Crude & the dollar jump while stocks & bitcoin dump 

U.S. equity indexes finished a volatile, headline-driven week mixed, as a relatively light economic calendar left investors largely focused on shifting geopolitical developments, oil price volatility, and continued pressure on large-cap technology stocks. Equities rallied to start the week amid optimism that the conflict in the Middle East could de-escalate. However, sentiment deteriorated through the end of the week, as conflicting headlines appeared to undermine confidence in a near-term resolution. Ultimately, the Russell 2000 index closed the week higher, snapping a four-week losing streak, while the S&P 500 Index, Dow Jones Industrial Average, and Nasdaq Composite all finished lower for the fifth week in a row. Large-cap value stocks outperformed their growth counterparts for the third consecutive week. On the Macro side, business activity growth slows amid rising price pressures. Jobless claims remain stable while consumer sentiment declines. U.S. Treasuries finished close to unchanged despite some midweek yield volatility. The STOXX Europe 600 Index advanced 0.35% in local currency terms. The dollar surged to its highest since November 2025, up for the 3rd week in the last 4. After three down weeks, Gold managed to close green on the week. Bitcoin fell for the second week in a row, down below $66k - but basically unchanged since the war began.

Have a great weekend

Charles & Syz Research Lab

 

 

 

 

 

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