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Todays Markets

Economic Calendar (time in GMT)
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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: Pound Drops on EU Concern, Asian Shares Decline: Markets Wrap
The pound tumbled on a report that U.K. Prime Minister Theresa May will signal plans to quit the European Union’s single market to regain control of Britain’s borders and laws. Haven assets from gold to the yen rose while stocks fell across Asia. [more...]

Bloomberg: Carney’s Balancing Act Gets Trickier as Brexit Saga Hits Pound
As the Bank of England governor prepares to deliver his first speech of 2017 on Monday, a report that Prime Minister Theresa May is pushing toward a so-called hard Brexit is hitting the pound. [more...]

Bloomberg: U.K. Said to Seek to Calm Investors After May’s Brexit Speech
The U.K. government is drawing up plans to try to reassure investors amid expectations that Prime Minister Theresa May’s long-awaited blueprint for Brexit will cause more market turmoil, according to two people familiar with the situation. [more...]
Bloomberg: Sterling Options Signal More Turmoil as May Speech, Ruling Loom
A measure of anticipated swings for the pound climbed to the highest in three months before U.K. Prime Minister Theresa May’s speech on Brexit plans Tuesday and a court ruling this month on whether the British leader or Parliament carries the power to invoke the exit. [more...]
Reuters: Sterling skids on Brexit anxiety; investors hope for Trump clarity
Sterling slid to three-month lows in Asia on Monday with investors spooked anew by concerns over Britain's divorce from the European Union, while U.S. policy uncertainty lingered ahead of President-elect Donald Trump's inauguration. [more...]
Reuters: Oil prices edge up on weaker dollar, expected crude output cuts
Oil prices inched up on Monday, supported by a weaker dollar and expectations that OPEC and other producers will cut output as part of a deal to curb global oversupply. [more...]

CNBC: UK Treasury's Simon Kirby says UK will get 'best possible Brexit'
As markets worry about the prospect of a 'hard Brexit' ahead of U.K. Prime Minister Theresa May's speech on Tuesday, a key official in the country's Treasury has called for calm. [more...]
Currency Strength Indicators
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
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Disclaimer Notice

Past performance is not indicative of future results. Trading stocks, options, forex, CFDs and equites carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial advisor if you have any doubts.

The information provided by Edvesting.com should not be relied upon as a substitute for extensive independent research which should be performed before making your investment decisions. Edvesting.com are merely providing this information for your general information. The information and opinions presented do not take into account any particular individual's investment objectives, financial situation, or needs. All investors should obtain advice based on their unique situation before making any investment decision and should tailor the trade size and leverage of their trading to their personal risk appetite.

Edvesting.com and/or its owners will not be responsible for any losses incurred on investments made by readers and clients as a result of any information contained on Edvesting.com. Edvesting.com does not render investment, legal, accounting, tax, or other professional advice. If investment, legal, tax, or other expert assistance is required, the services of a competent professional should be sought.

Changing of the guard

There will be a likely increase in the volatility this coming week! Be sure to position yourself properly

S&P Levels for Tuesday, 17 January

Pay attention to these levels when the markets open on Tuesday

 

R3  2284.25     R2  2280.33     R1  2276.42
DP  2269.58
S1  2265.67     S2  2258.83     S3  2254.92

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