Global Matters Weekly – 10 January 2022

Turning the corner?

by Stephen Nguyen, CFA

As we enter the third year of the COVID-19 pandemic, uncertainty remains elevated in financial markets

Market Snapshot

  • Global equities fell -1.7% last week
  • Fed officials mulled earlier and faster rate hikes than expected due to rising inflation
  • Brent crude rallied 5.1% over the week to $81.8 a barrel,
    the third consecutive weekly gain
  • Gold declined -1.8% to $1796.6 per ounce