A more dovish Fed has been a tailwind for risk trades and even after some late profit-taking yesterday, it doesn't dull the shine from earlier in the week. European indices are maintaining a good mood today with the DAX and CAC 40 both having hit fresh record highs during the week and US indices are also at the highs for the year.The S&P 500 is on course for a seventh straight week of gains, up 2.5% this week, and during that run, the index has gained by nearly 15%:It is now less than 2% away from a fresh record high with futures pointing to a 0.3% gain at the moment ahead of the open later.Despite there being notable headwinds for the global economy and the inflation monster not quite defea
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