LS Trader Financial Spread Betting Weekly Update
This week’s financial spread betting update is now available and can be read
This week we look at what’s been happening in the major market sectors which include stocks, forex and commodities. We take a look at the stock indexes, which have all made new highs again as well as the Nikkei 225, which closed last Friday just below a key resistance level. The reaction to that resistance level this coming week will be key to the next move for the Nikkei.
We also saw new highs for the Dollar Index and new contract lows for the Euro and we cover these two markets in our forex commentary. We also take a look at Gold, which continues to trade within a tight range and may be building up for a breakout soon.
This week’s update begins with:
The past week has seen stocks move higher again and a continuation of the US dollar rally. Commodity markets on the whole were lower on the back of continuing dollar strength.….