European Stocks' Lower Close Leads to a Weekly Decline

The video covers the day's market activities, focusing on the impact of U.S. jobs data, the Italian referendum, and the Austrian presidential election. It analyzes equities, FX, fixed income, and commodities, highlighting key trends such as unchanged equities in Italy and Germany, a pullback in the dollar, and a rise in Brent crude. The video also discusses sector performance, noting losses in ITN and financials, and increased volatility. Finally, it examines the euro's performance, which is set for its first weekly gain in a month.

What was the trend observed in the commodity space, particularly regarding metals?

What was noted about the volatility in European stocks compared to the US?