Global Market Weekly Recap: November 13 – 17, 2023

We had a jam-packed economic calendar this week, and it seems like broad market behavior was once again mainly dictated by inflation updates and its influence on monetary policy sentiment.

The main event stealing the spotlight was the U.S. CPI update, basically setting the vibe for the entire financial dance floor like a DJ—shaping not just broad risk sentiment but also the U.S. dollar and bond yield sentiments throughout the week.