Equities fared well globally last week to continue a winning streak in the new year, thanks to lower inflation and optimism over the current earnings season. Bond prices rose along with falling interest rates. Commodities also gained, helped by a weaker U.S. dollar and stronger crude oil prices.

Global equities gained to start the first week of the year, with foreign outpacing domestic. Bonds also gained as interest rates pulled back on softer implications for inflation and growth. Commodities fell back along with weaker oil prices.

Global equities were flat to down last week to close out 2022. Fixed income also fell back as interest rates ticked higher. Commodities gained ground last week, led by crude oil prices.