Bloomberg Market Wrap 2/19: S&P 500 200 DMA, Gold and Pound

The video discusses the S&P 500's performance, focusing on its 200-day moving average and market volatility. It highlights the potential for a market dip due to overbought conditions. The gold market is analyzed, noting increased ETF flows and investor concerns about dollar weakness. The video also covers Brexit developments, particularly a key meeting between UK Prime Minister Theresa May and European Commission President Jean-Claude Juncker, and its impact on the pound's value.

What is the significance of the S&P 500 closing above its 200-day moving average?

• It indicates a potential market downturn.

• It suggests a strong bullish trend.

• It means the market is in a neutral phase.

• It shows a lack of investor interest.

How does a rise in gold prices typically affect stock markets?

• Stocks usually rise alongside gold.

• Stocks become more volatile.

• Stocks remain unaffected by gold prices.

• Stocks tend to decline when gold prices rise.

What has been the trend in gold ETF flows since the Federal Reserve began raising interest rates?

• ETF flows have doubled.

• ETF flows have remained stable.

• ETF flows have decreased significantly.

• ETF flows have increased by 60%.

What is the main focus of the upcoming meeting between Theresa May and Jean-Claude Juncker?

• Discussing trade agreements with the US.

• Planning a joint economic summit.

• Resolving the Irish backstop issue.

• Negotiating a new currency deal.

How did the British pound react to the anticipation of the Brexit meeting?

• It fell to a two-week low.

• It became highly volatile.

• It rallied to a two-week high.

• It remained unchanged.