Wall Street didn’t have much time to pop champagne when the S&P 500 hit its new high, because interest rate concerns and soaring oil prices gave investors an excuse to take profits, and investors realized that stocks do sometimes go down. Buyers help salvage on Friday what was the worst week seen since last summer. To remind stocks do fall faster than they go up, but will we see prices go higher again going into expiration week?

Europeans markets were down for five days in a row and the Euro STOXX 600 has lost over 5% this past week, but the dollar in the meantime hit on Friday an eight-week high against the euro. The bank of New Zealand surprised the world by raising rates to 8%, causing a rush of investments from yen carry traders.

World TopInvestor top 10 had a challenging week as well. Portuguese previous leader Manuel Leguinha had a difficult week and lost first place to Manuel Gerivaz. Slovenian competitor Miha4 who had agressive long positions in silver that so well worked for him on the previous week is no longer now part of the Top10 in the world. At the top still Alexander Nikolov who almost did not trade this week, and in second and third places Danish Hanqui Guo and Hu Haochen.