S&P 500: Bullish Momentum Fades as Bears Flirt with Comeback

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S&P 500: Bullish Momentum Fades as Bears Flirt with Comeback The S&P 500 and Nasdaq 100 had a positive but unimpressive week, with the former rising 0.79% and the latter barely gaining 0.13% over the course of the past five trading sessions.  READ MORE Market Analysis Minimal US economic data this week gives Australian data greater scope. READ MORE The Japanese yen is at an important crossroads against the US dollar ahead of the release of key Japan inflation data. READ MORE This week, continuing disinflation in the US saw markets continue to sell dollars which spurred cable to a new yearly high.  READ MORE Gold prices continue to grind higher this Monday morning after a reassessment of the Federal Reserve's interest rate hike cycle.  READ MORE Inflation is the rise in prices of goods and services in an economy over a period of time, and is often displayed in percentage form. READ MORE GDP economic data is deemed highly significant in the forex market. READ MORE Trading Skills Enhancement TRADING EDUCATION Learn to trade with DailyFX and take your trading knowledge and confidence to the next level. Whatever your trading experience is, our expert analysts and market writers can help you navigate a range of market conditions and trading styles, setting you on the road to consistent trading. Our online education is divided into three sections according to experience level. LEARN MORE TRADING TOOLS View current trader sentiment and discover who is going long and short, the percentage change over time, and whether market signals are bullish or bearish with IG Client Sentiment. LEARN MORE Use our economic calendar to explore key global events on the horizon that could subtly shift or substantially shake up the financial markets. LEARN MORE

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