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Global Market Weekly Recap: February 3 – 7, 2025

Tariffs headlines were still front and center in terms of driving market sentiment for the most part of the week, although there were positive developments that brought some risk-on vibes.

The economic spotlight was also on the monthly U.S. employment update, allowing jobs-related indicators to push major currency pairs around, before the Bank of England’s (BOE) surprise “dovish split” stole the show.

Here’s how major asset classes fared.

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