Hello MarketClub members everywhere. As the geopolitics risks rise around the globe traders are heading for the traditional safe havens of gold and the yen. Both have rallied to five-month highs while Treasury note yields approached the lowest levels of the year.
Meanwhile the dollar has softened and oil has extended its winning streak to five days.
Key levels to watch this week:
S&P 500 (CME:SP500): 2,381.93
Dow (INDEX:DJI): 20,970.04
NASDAQ (NASDAQ:COMP): 5,769.39
Gold (FOREX:XAUUSDO): 1,247.68
Crude Oil (NYMEX:CL.K17.E): 52.29
U.S. Dollar (NYBOT:DX.M17.E): 98.67