Stocks standing near recent highs

<p>Many major stock barometers are hovering near recent cyclical highs.</p>

Many international stock barometers are lurking at or close to recent cyclical highs, today's (February 11th) trading figures have revealed.

The FTSE All-World equity index is down 0.1 per cent as the dollar advances fractionally and gold falls $10 to $1.657 an ounce, reports the Financial Times.

Analysts have suggested the positive data could be indicative of future trends in the market, despite the fact the week started in a cautious mood as trading was affected by Lunar New Year celebrations.

Industrial commodities have also softened this morning, as copper is down by 0.2 per cent to $3.75 a pound and Brent crude down from its most expensive in nine months to $118.10 a barrel.

However, investors have seemed fine to continue absorbing generally bullish drivers that have played a part  to Standard and Poors closing at its best level in more than five years on Friday.

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