Wall Street hits record highs on improved risk sentiment

Risk sentiment returned today in the US shift, evident in the rise of technology stocks that were among those leading Monday's gains.

The S&P 500 made fresh highs for over a  year as investors continue to believe that the US economy remains a fortress of security in an otherwise troubled global market-place as a result of the surprise nonfarm payrolls results of last week's closing day and while Europe remains an unfavourable area for investing. 

The S&P 500 reached as high as 2137.16 while the Dow Jones Industrial Average climbed 80.19 points to 18226.93, just shy of the blue-chip index's record finish of 18312.39.

Currencies wrap-up: GBP outperforms despite Brexit 

In respect of the currency market in this improved risk sentiment, the US dollar index rose to a four-month high while the EUR ranged sideways between 1.1020 and 1.1075. Despite the Brexit uncertainties, steringl actually outperformed, rising from 1.2851 to 1.3018 vs the greenback on the back stabilility coming through UK parliament with the news of Theresa May's succession the PM role this week. The yen continued to underperformed on the back of Abe's indications of further sizeable stimulus that had USD/JPY rising to  a 10-day high of 1102.88. The antipodeans underperfomed with AUD making lows of 0.7521 and the kiwi 0.7214.