Todays Markets

Economic Calendar
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Trading Sentiment
Below is the latest sentiment as compiled by etoro, the world's largest (social) trading network. It provides a view of what individual investors think about the specific instruments and gives a view of the current sentiment.
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Latest News Headlines
Bloomberg: Trade War Starts to Hit Businesses With Daimler Cutting Outlook
Daimler AG became the most visible global corporation to cut its profit outlook and blame it on escalating trade tensions, saying fewer Chinese customers will buy Mercedes-Benz SUVs because of tariffs Beijing is slapping on autos imported from the U.S. [more...]
Bloomberg: Emerging Asia Stocks Drop, Dollar Gains on Trade: Markets Wrap
Most Asian stocks declined on Thursday as concern simmered about an escalation of trade tensions between the U.S. and China, and Goldman Sachs Group Inc. turned cautious on the region’s equities. The dollar strengthened as Treasury yields ticked higher. [more...]
Bloomberg: The Biggest U.S. Oil Patch Is Near Its Limit
The biggest U.S. shale region will have to shut wells within four months because there aren’t enough pipelines to get the oil to customers, the head of one of the industry’s largest producers said. [more...]
Bloomberg: Facebook Surges Past $200 as Privacy Woes Fade, Instagram Grows
Facebook Inc. is back in bull mode. The social-media giant’s share price topped $200 for the first time Wednesday, as investors bet the company’s Instagram and Messenger units will continue to boost advertising revenue, overshadowing any lingering data-privacy concern that pummeled the stock in March. [more...]
Bloomberg: What to Expect on Bank of England Decision Day
The Bank of England is set to wait a little longer before following up on last year’s interest-rate hike after a run of mixed economic data. All of the 38 analysts surveyed by Bloomberg expect the Monetary Policy Committee to vote in favor of keeping rates unchanged on Thursday.  [more...]
Bloomberg: Goldman Cuts Asia Stock Target on Mounting Trade, Macro Risks
Even Goldman Sachs is turning less optimistic on Asian stocks amid growing uncertainty in global markets.
The long-time bull has pared its 12-month target for the MSCI Asia Pacific excluding Japan Index to 625 from 640. [more...]
Bloomberg: British Workers Are Still Waiting for Pre-Crisis Wages: Chart
British pay packets have yet to recover to the levels before the financial crash a decade ago. Workers earned between 2 percent and 3 percent less in real terms in 2016-17 than they did in 2007-08, according to two data sources analyzed by the Institute for Fiscal Studies. And the pressure on living standards is set to continue, the think tank warned, unless Britain can boost productivity. [more...]
Reuters: Washington's 'capricious' trade actions will hurt U.S. workers, China warns
China’s commerce ministry on Thursday accused the United States of being “capricious” over bilateral trade issues, and warned that the interests of U.S. workers and farmers ultimately will be hurt by Washington’s penchant for brandishing “big sticks”. [more...]
Reuters: Asian shares edge ahead, oil subdued before OPEC meeting
MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS gained 0.4 percent, while Japan's Nikkei .N225 added 0.7 percent. Australia’s main index had another strong day, rising 1 percent on fund manager demand before the end of the local financial year next week. [more...]
CNBC: Why bitcoin made a comeback after the South Korean exchange hack
Bitcoin made a comeback despite crashing after a recent hack on a South Korean exchange, and two cryptocurrency traders explained why it rebounded. Charlie Lee, the founder of Litecoin, a global decentralized currency that is based on blockchain technology, said it was to be expected. [more...]
Currency Strength Indicators
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​​​​​​​The currency strength meter gives you a quick visual guide to which currencies are currently strong, and which ones are weak. The meter measures the strength of all forex cross pairs and applies calculations on them to determine the overall strength for each individual currency. For example, if EUR is strong and USD is weak, it could mean that the currency pair EURUSD could be going up. If both currencies are strong or weak it is better to avoid since it will probably means there is no clear direction for the specific pair. To get the latest Currency Strength Indicator please click here

Todays Markets

Economic Calendar
Image
Trading Sentiment
Below is the latest sentiment as compiled by etoro, the world's largest (social) trading network. It provides a view of what individual investors think about the specific instruments and gives a view of the current sentiment.
Image
Latest News Headlines
Bloomberg: Stocks Recover as Trade Angst Eases; Dollar Steady: Markets Wrap
Stocks in Asia rebounded in a choppy session as investors awaited the next development in U.S.-China trade tensions after a ratcheting up of rhetoric sparked a global sell-off on Tuesday. Treasury yields edged higher and the dollar stabilized. [more...]
Bloomberg: Iran Rejects Compromise as OPEC Heads for Battle in Vienna
Iran put itself on a collision course with Saudi Arabia at this week’s OPEC meeting, rejecting a potential compromise that would see a small oil-production increase to appease energy consumers. [more...]
Blooberg: Australian Dollar May Drop to 70 Cents This Year: BlackRock
Australia’s dollar is at risk of sliding to 70 U.S. cents this year as China’s economy slows and the Federal Reserve keeps raising U.S. interest rates, according to BlackRock Inc. [more...]
Bloomberg: Quebec Hikes Power Prices for Crypto Miners
Quebec will make electricity prohibitively expensive for cryptocurrency miners until it figures out how to deal with a surge in demand from the energy-hungry industry. [more...]
Bloomberg: India Seeks `Responsible' OPEC Decision as Vienna Tensions Mount
India, the world’s third-largest oil consumer, expects a “responsible” approach from its suppliers as speculation mounts over whether OPEC and its allies will reach a deal to boost output at a meeting in Vienna this week. [more...]
Bloomberg: China Rout Has 1,023 Stocks Plunging 10% in One Day
In a stock market where investors are used to being disappointed, Tuesday’s plunge still shocked. China’s benchmark equity gauge sank almost 5 percent at one point and by the close, the escalating tensions with the U.S. had sent 1,023 stocks down by the daily 10 percent limit -- or more than one in four.  [more...]
Bloomberg: Wall Street Forced to Recalibrate as Trade War Gets ‘More Real’
For months, investors have dismissed Donald Trump’s fiery rhetoric on trade with China as negotiating bluster. That got a lot harder after the U.S. president threatened more tariffs and China promised in-kind retaliation. [more...]
Reuters: Asian stocks pick up steam as hopes of policy support lift China
Asian stock markets picked up steam in afternoon trade on Wednesday after a wobbly morning session, highlighting the lingering anxiety and uncertainty surrounding a heated trade dispute between China and the United States. [more...]
Reuters: U.S. shale producers warn Chinese tariffs would hit energy exports
China’s proposed tariffs on U.S. petroleum imports, part of a mounting trade war between the two countries, would crimp sales to the shale industry’s largest customer, adding new pressure on U.S. crude prices, energy executives and analysts said in interviews this week. [more...]
CNBC: South Korean cryptocurrency exchange Bithumb says it was hacked and $30 million in coins was stolen
South Korea-based cryptocurrency exchange Bithumb said Wednesday it was temporarily suspending deposit and withdrawal services after about $30 million worth of cryptocurrency was stolen. [more...]
CNBC: White House says China's 'economic aggression' is a global threat
The Trump administration ratcheted up its criticism of China in a report released by the White House on Tuesday detailing its claims of "economic aggression" by the Asian giant. [more...]
Currency Strength Indicators
Image
​​​​​​​The currency strength meter gives you a quick visual guide to which currencies are currently strong, and which ones are weak. The meter measures the strength of all forex cross pairs and applies calculations on them to determine the overall strength for each individual currency. For example, if EUR is strong and USD is weak, it could mean that the currency pair EURUSD could be going up. If both currencies are strong or weak it is better to avoid since it will probably means there is no clear direction for the specific pair. To get the latest Currency Strength Indicator please click here

Todays Markets

Economic Calendar
Image
Trading Sentiment
Below is the latest sentiment as compiled by etoro, the world's largest (social) trading network. It provides a view of what individual investors think about the specific instruments and gives a view of the current sentiment.
Image
Latest News Headlines
Bloomberg: Stocks Retreat on Trade Concern; Oil Slips on OPEC: Markets Wrap
Asian stocks dropped Monday amid investor concern the exchange of threats between China and the U.S. is the precursor of a full-blown trade war. Oil fell ahead of a key OPEC meeting this week, while the dollar steadied and Treasuries ticked lower. [more...]
Bloomberg: Bitcoin Could Break the Internet, Central Bank Overseer Says
The Bank for International Settlements just told the cryptocurrency world it’s not ready for prime time -- and as far as mainstream financial services go, may never be. [more...]
Bloomberg: Iran Says Three OPEC Members to Veto Saudi-Proposed Supply Boost
Iran says Venezuela and Iraq will join it in blocking a proposal to increase oil production that’s backed by Saudi Arabia and Russia when OPEC and its allies meet in Vienna this week. [more...]
Bloomberg: Angela Merkel’s Political Future Is At Risk
Germany’s crisis over migration policy enters a critical phase this week with Chancellor Angela Merkel’s political future on the line and the ripples already being felt across Europe. [more...]
Bloomberg: Unloved British Stocks Trigger a Buy Signal for Morgan Stanley
Ructions in Westminster and angst over Brexit negotiations shouldn’t stop investors from buying U.K. stocks that remain undervalued and out of favor, according to Morgan Stanley. [more...]
Bloomberg: Theresa May Is Cornered by Brexit Enemies
Theresa May is surrounded. On one side, the U.K. prime minister has the European Union, sharpening its knives to defend the club of 27 remaining members against British “cherry picking” during Brexit talks. On the other side is her own Conservative party, split into two feuding tribes, either one of which could topple her from power. [more...]
Reuters: Asian shares, oil fall as U.S.-China trade spat escalates
Asian shares fell to a 2-1/2 week low on Monday after U.S. President Donald Trump cranked up trade tensions by going ahead with tariffs on Chinese imports, prompting Beijing to immediately respond in kind. [more...]
Reuters: Dollar stays near a seven-month peak, but trade tensions limit gains
The dollar edged up towards a seven-month high on Monday as investors bet the United States and China would avoid a full-blown trade war, although tensions between the two slowed its gains. [more...]
CNBC: The US should break the German lock on the European economy
Germany may only account for 3.4 percent of the world economy, but it is more than a quarter of the European Union's demand and output. The EU, in turn, is close to 20 percent of the world economy, and, based on last year's numbers, it takes $283.5 billion of U.S. exports, or 18.3 percent of America's total goods sold overseas. [more...]
CNBC: Google places a $550 million bet on China's second-largest e-commerce player
Tech giant Google said Monday it will invest more than half a billion dollars in China's second-largest e-commerce player, JD.com. As part of a strategic partnership, Google will put $550 million in cash into JD.com, the companies said in a statement.  [more...]
Currency Strength Indicators
Image
​​​​​​​The currency strength meter gives you a quick visual guide to which currencies are currently strong, and which ones are weak. The meter measures the strength of all forex cross pairs and applies calculations on them to determine the overall strength for each individual currency. For example, if EUR is strong and USD is weak, it could mean that the currency pair EURUSD could be going up. If both currencies are strong or weak it is better to avoid since it will probably means there is no clear direction for the specific pair. To get the latest Currency Strength Indicator please click here

Todays Markets

Economic Calendar
Image
Trading Sentiment
Below is the latest sentiment as compiled by etoro, the world's largest (social) trading network. It provides a view of what individual investors think about the specific instruments and gives a view of the current sentiment.
Image
Latest News Headlines
Bloomberg: Stocks Retreat on Trade Concern; Oil Slips on OPEC: Markets Wrap
Asian stocks dropped Monday amid investor concern the exchange of threats between China and the U.S. is the precursor of a full-blown trade war. Oil fell ahead of a key OPEC meeting this week, while the dollar steadied and Treasuries ticked lower. [more...]
Bloomberg: Bitcoin Could Break the Internet, Central Bank Overseer Says
The Bank for International Settlements just told the cryptocurrency world it’s not ready for prime time -- and as far as mainstream financial services go, may never be. [more...]
Bloomberg: Iran Says Three OPEC Members to Veto Saudi-Proposed Supply Boost
Iran says Venezuela and Iraq will join it in blocking a proposal to increase oil production that’s backed by Saudi Arabia and Russia when OPEC and its allies meet in Vienna this week. [more...]
Bloomberg: Angela Merkel’s Political Future Is At Risk
Germany’s crisis over migration policy enters a critical phase this week with Chancellor Angela Merkel’s political future on the line and the ripples already being felt across Europe. [more...]
Bloomberg: Unloved British Stocks Trigger a Buy Signal for Morgan Stanley
Ructions in Westminster and angst over Brexit negotiations shouldn’t stop investors from buying U.K. stocks that remain undervalued and out of favor, according to Morgan Stanley. [more...]
Bloomberg: Theresa May Is Cornered by Brexit Enemies
Theresa May is surrounded. On one side, the U.K. prime minister has the European Union, sharpening its knives to defend the club of 27 remaining members against British “cherry picking” during Brexit talks. On the other side is her own Conservative party, split into two feuding tribes, either one of which could topple her from power. [more...]
Reuters: Asian shares, oil fall as U.S.-China trade spat escalates
Asian shares fell to a 2-1/2 week low on Monday after U.S. President Donald Trump cranked up trade tensions by going ahead with tariffs on Chinese imports, prompting Beijing to immediately respond in kind. [more...]
Reuters: Dollar stays near a seven-month peak, but trade tensions limit gains
The dollar edged up towards a seven-month high on Monday as investors bet the United States and China would avoid a full-blown trade war, although tensions between the two slowed its gains. [more...]
CNBC: The US should break the German lock on the European economy
Germany may only account for 3.4 percent of the world economy, but it is more than a quarter of the European Union's demand and output. The EU, in turn, is close to 20 percent of the world economy, and, based on last year's numbers, it takes $283.5 billion of U.S. exports, or 18.3 percent of America's total goods sold overseas. [more...]
CNBC: Google places a $550 million bet on China's second-largest e-commerce player
Tech giant Google said Monday it will invest more than half a billion dollars in China's second-largest e-commerce player, JD.com. As part of a strategic partnership, Google will put $550 million in cash into JD.com, the companies said in a statement.  [more...]
Currency Strength Indicators
Image
​​​​​​​The currency strength meter gives you a quick visual guide to which currencies are currently strong, and which ones are weak. The meter measures the strength of all forex cross pairs and applies calculations on them to determine the overall strength for each individual currency. For example, if EUR is strong and USD is weak, it could mean that the currency pair EURUSD could be going up. If both currencies are strong or weak it is better to avoid since it will probably means there is no clear direction for the specific pair. To get the latest Currency Strength Indicator please click here

Todays Markets

Economic Calendar
Image
Trading Sentiment
Below is the latest sentiment as compiled by etoro, the world's largest (social) trading network. It provides a view of what individual investors think about the specific instruments and gives a view of the current sentiment.
Image
Latest News Headlines
Bloomberg: Stocks Mixed; Dollar Rises in Best Week Since 2016: Markets Wrap
Asian stocks traded mixed Friday as plans for U.S. tariffs on Chinese imports revived concerns about global trade growth. The dollar extended gains, heading for its best week since 2016 after the Federal Reserve signaled further tightening in 2018 while the European Central Bank indicated it won’t raise interest rates for more than a year. [more...]
Bloomberg: Millionaires Now Control Half of the World's Personal Wealth
The rich are getting a lot richer and doing so a lot faster. Personal wealth around the globe reached $201.9 trillion last year, a 12 percent gain from 2016 and the strongest annual pace in the past five years, Boston Consulting Group said in a report released Thursday.  [more...]
Bloomberg: Trump Approves Tariffs on $50 Billion of Chinese Goods
President Donald Trump has approved tariffs on Chinese goods worth about $50 billion, said a person familiar with the decision, ratcheting up a confrontation on trade that’s set to prompt retaliation from Beijing. [more...]
Bloomberg: Crypto Coins Surge as SEC Spares Ether From Securities Rules
Ether investors got a reprieve Thursday when a top U.S. regulator said transactions involving the token aren’t subject to federal securities rules, ending months of speculation that had weighed on the second-most valuable digital currency. Ether and other coins surged on the news. [more...]
Bloomberg: Crypto Unicorns Clash While Bitcoin Droops
The Hong Kong market is low-hanging fruit for shy but hungry unicorns. Bitmain Technologies Ltd., the world’s dominant producer of cryptocurrency-mining equipment, is mulling a public listing, founder Jihan Wu told Blake Schmidt of Bloomberg News. [more...]
Bloomberg: Euro Falls as ECB Signals Rates to Be Frozen Through Summer 2019
The euro slumped, European stocks rose and German bunds rallied after the European Central Bank countered the tapering of its bond-buying program with a plan to hold down interest rates through at least the summer next year. [more...]
Bloomberg: Bitcoin Climbs as Bulls Wager This Month's Drop Has Gone Too Far
Bitcoin climbed on Thursday, erasing some of its 18 percent plunge since Friday as investors signaled the sell-off may have been overdone. Hours after the world’s largest cryptocurrency closed at a fresh low for the year, buyers began pushing up the price, which reached $6,483.95 as of 8:49 a.m. in New York.  [more...]
Reuters: Asian shares falter as U.S. readies China tariffs, euro at two-week low on ECB
Asian shares wobbled on Friday as investors braced for U.S. tariffs against China, while the euro flirted with two-week lows after a cautious European Central Bank indicated it would not raise interest rates for some time. [more...]
Reuters: Volcker 'fix' may cause new headaches for Wall Street
A proposal to simplify a rule banning banks from proprietary trading, rather than making life easier for Wall Street, could ensnare billions of dollars’ worth of assets not currently caught by the regulation. [more...]
CNBC: A fourth Fed hike this year could trigger economic slowdown, strategist warns
While many may welcome the more hawkish stance from the Federal Reserve after a decade of record-low interest rates, one economist warned that it may actually lead to an economic slowdown. [more...]
CNBC: Trump looks set to go ahead with tariffs on China — ignoring Beijing's influence on North Korea
China's cooperation is critical in pushing North Korea to give up its nuclear and missile programs, but that's not likely to stop U.S. President Donald Trump from pressing ahead with additional tariffs on Chinese products. [more...]
Currency Strength Indicators
Image
​​​​​​​The currency strength meter gives you a quick visual guide to which currencies are currently strong, and which ones are weak. The meter measures the strength of all forex cross pairs and applies calculations on them to determine the overall strength for each individual currency. For example, if EUR is strong and USD is weak, it could mean that the currency pair EURUSD could be going up. If both currencies are strong or weak it is better to avoid since it will probably means there is no clear direction for the specific pair. To get the latest Currency Strength Indicator please click here