Michael Hewson offers a view on the latest moves in US bonds and major stock markets after Ben Bernanke’s comments suggest that future Fed easing will be data dependent.
The technical trading video looks at:
- US Bonds – Yields spiking to 2.65% but bond market remains in uptrend
- FTSE 100 – 6000 should act as support after 5 successive weekly losses
- S&P 500 – Monthly chart is showing a bearish Gravestone DOJI candle
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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.