FTSE 100 Makes yet Another Record High while DAX and S&P 500 Rally is Slowing Down

​​Outlook on FTSE 100, DAX and S&P 500 ahead of Thursday’s BoE monetary policy meeting.

​The S&P 500’s 3.5% rally from its early May low amid five consecutive days of gains has taken it to the 5,200 mark around which it may short-term lose upside momentum. A slip towards the 5,132 to 5,123 55-day simple moving average and the late April high might be on the cards for this week.Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors.

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