Stocks move higher but this week’s inflation data will be crucial

US stocks are on a tear with the S&P 500 trading just a whisker below its all-time high and the Nasdaq shining thanks to renewed enthusiasm around tech and artificial intelligence stocks. European stocks are also having a good run with banks in the lead. However, Switzerland has been lagging after the hefty 39% levies on Swiss exports to the US took effect on Thursday. This week’s inflation data will be decisive in terms of whether markets can rally further. Joining us this morning is Mensur Pocinci, Head of Technical Analysis, who shares his insights on the direction of US yields and explains why he believes in a rise in gold prices during the second half of this year.

• (00:00) - Introduction: Helen Freer, Product & Investment Content
• (00:28) - Markets wrap-up: Roman Canziani, Head of Product & Investment Content
• (06:23) - Technical Analysis update: Mensur Pocinci, Head of Technical Analysis
• (10:16) - Closing remarks: Helen Freer, Product & Investment Content

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