Talking Points:
• The S&P 500 closed at a fresh record high this past week, but market confidence doesn't look so robust
• Greece will be a primary concern to start off the week during a period of US-tempered liquidity
• Both the Dollar's 7-month bull trend and the Yen's QE levitation will be two more key themes ahead
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The markets will open to a range of leveraged fundamental themes and an array of high-level event risk. Whether this volatile mix is considered a source of risk or opportunity, it should have all traders on their guard. The immediate speculative interest heading into the new week will be taking the temperature of 'risk trends'. The S&P 500 closed Friday at a fresh record high, but other markets are well behind the pace and Monday is a market holiday for the US and Canada. On the fundamental side, the next round of tense negotiations between Greece and the Eurozone will put the crosshairs onto the Euro and perhaps broader sentiment trends. Perhaps not as pressing but carrying just as much potential are the threat of a Dollar reversal and a shift in Yen crosses borne out of the BoJ's policy stance. We look at how the markets are positioned for the heavy event risk ahead in the weekend Trading Video.
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