With US earnings concerns, worries over the situation in the Ukraine and UK inflation data, Michael Hewson considers how this is impacting stocks, sterling and the euro.
- The S&P 500 has bounced off the November highs, with the potential for a rebound towards 1840
- Potential evening star candle formation for GBP/USD which may see a correction lower
- Draghi managed to talk the euro lower despite market suspicion and may see further weakness if US data improves
- USD/CAD may have seen a recent low as a bullish engulfing day may target C$1.11
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.
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.