Friday 20 March 2015

International breakouts

Whilst the US equity market saw a day of mixed chop.. there are notable major gains in other world markets. The UK FTSE is set to break into the 7000s.. opening up 10k within the next year or two. The Shanghai market has now broken into the 3500s... with 5K now a valid target by end year.


UK - FTSE, 20yr, monthly



China, Shanghai Comp', 20yr, monthly


Summary

Little to add.

Most world markets are broadly climbing, and look set for new multi-year highs in the weeks.. and months ahead.
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Looking ahead

There is nothing scheduled for Friday.

*Quadruple opex... so.. expect some chop.. especially into the close.

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Goodnight from London