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: Asia Stocks Decline, Treasuries Slip After Holiday: Markets Wrap
Asian stocks declined, with the region’s shares falling to the lowest in nine months, ahead of the planned implementation this week of trade restrictions between the U.S. and China. Treasury yields ticked higher as trading resumed after the Independence Day holiday. [more...]

Bloomberg: Asian Dollar Bond Buyers Brace for Grim Year as Losses Mount
Investors in Asian dollar bonds, who just suffered the biggest first-half loss in five years, see little chance of a recovery any time soon. Cash-starved Chinese issuers are flooding the market with supply and default risks are rising, just as the Federal Reserve’s tightening cycle pressures credit markets globally. [more...]

Bloomberg: Goldman Says Buy Commodities as Clock Ticks Toward Trade WarCommodity bull Goldman Sachs Group Inc. has poured cold water on the notion that a trade war between the U.S. and China represents a serious threat to raw materials, saying most of them aren’t likely to be significantly impacted, and after recent declines now’s the time to buy. [more...]

Bloomberg: The China-U.S. Power Struggle Is Just Beginning
Chinese President Xi Jinping has an ambitious master plan for his country’s transformation into a wealthy, technology-driven global economic power. And U.S. companies need not apply. [more...]
Bloomberg: Glencore Announces Share Buyback of as Much as $1 Billion
Glencore Plc will buy back as much as $1 billion of its shares, a move that may soothe investor confidence after the world’s biggest commodity trader was hit by a U.S. Department of Justice probe earlier this week. [more...]
Bloomberg: As Japan Dumps Treasuries, It's Piling Into Riskier U.S. Assets
It’s easy to see why Japan has soured on Uncle Sam. After all, returns on Treasuries have been lousy for years. And the sky-high costs to hedge the dollar’s ups and downs mean Japanese investors can often do better at home -- despite the minuscule yields there. [more...]
Reuters: U.S. 'opening fire' on world with tariff threats, says China
The United States is “opening fire” on the world with its threatened tariffs, China warned on Thursday, saying it will respond the instant U.S. measures go into effect as Beijing ramped up the rhetoric in a bitter trade dispute. [more...]
Reuters: Asian equities extend losses on eve of U.S. tariff deadline
Asian stocks fell for the fourth day and major currencies traded in tight ranges on Thursday, with financial markets jittery before a U.S. deadline to impose tariffs on Chinese imports just a day away. [more...]
Reuters: WTO sees signs of trade tensions starting to affect global economy
Trade barriers being erected by major economies could jeopardize the global economic recovery and their effects are already starting to show, the World Trade Organization said on Wednesday in a report on trade restrictions among G20 nations. [more...]
CNBC: US tariffs are a ‘necessary test’ to Europe’s economic recovery, top finance chief says
Higher trade tariffs might just be what the euro zone needs to check how its economy is actually performing after several years of promising growth, a high-ranked European official told CNBC. [more...]
CNBC: Goldman: Commodities are set to rise, trade war fears have been oversold
Concerns about oil and other commodities have been "oversold," and even those most exposed to the risks of a U.S.-China trade war are worth buying, Goldman Sachs said in a Wednesday research note. [more...]
CNBC: Germany’s massive trade surplus ‘is becoming toxic,’ Ifo director says
Germany exporting more than it imports is becoming a big problem for its economy, a director from the country’s closely-watched Ifo Institute said Wednesday. [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

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