The DAX hits an all-time high and it’s a big week for central banks

The world's major central banks meet this week. Apart from Brazil, no rate changes are expected. The focus will therefore be on their forward-looking communication. Germany's DAX index hit a new all-time high on Friday, while better-than-expected US non-farm payroll figures boosted the S&P 500 index. In Asia, China's consumer prices fell by the most in three years in November and the JPY remains in focus after a dramatic spike on Friday. Bitcoin is giving back some of its gains this Monday morning after this year's spike. Mensur Pocinci, Head of Technical Analysis Research, notes that it is a good sign for equities that this year's laggards (European and small caps) are catching up quickly.00:00 Introduction by Helen Freer (Investment Writing)00:31 Markets wrap-up by Mike Rauber (Investment Writing)07:28 Technical Analysis update by Mensur Pocinci (Head of Technical Analysis Research)10:02 Closing remarks by Helen Freer (Investment Writing)Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or your favourite podcast player.