Week in review: Cautious end to a busy week

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It has been a busy week defined by central bank meetings, coronavirus concerns, some good old Brexit drama and action in the FX space!

After taking a real beating late last week, global stocks kicked off Monday with a renewed sense of confidence as optimism swirled around a Covid-19 vaccine. While the bursts of positivity here and there is all good for equity markets, the charts suggest that bulls may be running out of steam. Just take a look at the S&P 500 which is struggling to push back above 3400 after slipping from 2020’s highs earlier this month.

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