With global geopolitical tension rising, Michael Hewson discusses how far the S&P 500 might continue to rally and asks whether markets are being too complacent:
  • S&P 500 – testing all-time highs despite European indices failing to follow
  • US Bonds – 2 year yields are trading well above their 200WMA for the first time since 2007
  • EUR/USD – have we seen a recent high given the dollar strength being seen on speculation over rising interest rates?
This week’s trading video also considers the Antipodean dollars, GBP/USD, USD/JPY, EUR/GBP, gold, crude oil and copper.
  Video content by Michael Hewson of CMC Markets. Content provided by CMC Markets. CMC Markets UK plc and CMC Spreadbet plc are authorised and regulated by the Financial Services Authority in the UK, registered offices, 133 Houndsditch, London, EC3A 7BX.