Stocks down and yields up on strong US factory data

Strong US manufacturing data, pointing to expansion for the first time in over a year, pushed US Treasury yields higher and stocks lower, albeit in light trading. Meanwhile, gold continues to trade higher, almost on a daily basis. But Mensur Pocinci, Head of Technical Analysis, says investors should favour productive assets as momentum remains strong in many parts of the market.

00:00 Introduction by Helen Freer (Investment Writing)

00:28 Markets wrap-up by Roman Canziani (Head of Investment Writing)

05:56 Technical analysis by Mensur Pocinci (Head of Technical Analysis Research)

09:31 Closing remarks by Helen Freer (Investment Writing)

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