With stocks showing signs of exhaustion, market analysts Michael Hewson and Colin Cieszynski discuss the latest news and the potential future direction of equities and other major financial markets.
- A lull in volatility may suggest some complacency in indices
- With the DAX struggling to break new highs, some traders seem to be looking for excuses to take profits as the World Bank downgrades global growth forecasts
- FTSE 100 seeing strong technical resistance around the 6900 level
- Crude oil is seeing significant gains on Iraq concerns, with a possible breakout targeting $110 per barrel for US crude
Spread Betting & CFD trading carry a high level of risk to your capital and you can lose more than your initial deposit. Only speculate with money that you can afford to lose. These trading products may not be suitable for all investors so seek independent advice.
Video content by Michael Hewson of CMC Markets.