From Nasdaq:

1) Markets and Economy: Equities and gold prices are lower, while Treasury yields, oil, and the dollar are higher. The global market experienced a busy macro week with geopolitical tensions on the rise and furthering inflation concerns. 10-year Treasury yield sits at 3.982%, and Bitcoin is at $42,250.

2) Transition Finance and ESG: Transition finance is taking center stage in 2024, shifting focus from investing in climate to investing in transition. European ESG funds may need to sell all fossil fuel holdings following a French ruling, leading to billions of euros in divestments.

3) Stocks, Macro, and Corporate News: Stocks and bonds dropped for the worst start to the year in decades. Maersk has decided the Red Sea is too unsafe for its ships. US construction remains solid, but manufacturing is under pressure. The German labor market shows resilience despite growth struggles. The Fed’s balance sheet and UK executives’ urge for rate cuts are in the spotlight. Multiple headlines cover various developments in China and the oil and energy industry.



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