US Indices fail to capitalize on early week recovery as Treasury Yields rebound and Alphabet cloud business disappoints. US Yields are rising at the fastest pace since the 1980s, is this something that should concern Equity markets?
The US Dollar Index faced selling pressure today as US Yields retreated from recent highs. GBPUSD benefitted with a deeper recovery for Cable looking more likely. Can UK Employment data help facilitate a trendline break?
Oil prices look poised for further upside from a technical standpoint but tensions in the Middle East will remain the key driver of Oil prices in the week ahead. Will we see a fresh YTD high?
The S&P 500 failed to hold onto early US session gains as market participants weighed comments from Fed Chair Powell and the possibility of escalation in the Middle East following Iraqi air base attack. Is the S&P on course for a return to the 4000 mark?
Gold has been the biggest beneficiary from the tension in the Middle East which seems to have reignited the precious metals safe-haven appeal. Where to from here?