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: China's Communist Party Further Elevates Xi Jinping
China’s ruling Communist Party approved a revised charter that enshrined President Xi Jinping’s name under its guiding principles, elevating him to a status that eluded his two immediate predecessors. [more...]
Bloomberg: Bond Traders Are Piling Into a Fed-Proof Bet
Traders in the $14.2 trillion Treasuries market have found a way to avoid fighting the Federal Reserve, or at least its imminent leadership change. [more...]
Bloomberg: China's Sizzling Stock Rally May Move to State-Owned Giants
Investors who missed out on this year’s blistering surge in offshore Chinese stocks should look to old economy shares for the next stage of the rally, according to Credit Suisse Group AG. [more...]
Bloomberg: HSBC Trader’s Conviction Will Echo Through $5 Trillion FX Market
Global currency traders and compliance officers who monitor them were put on high alert after a New York jury convicted a former HSBC Holdings Plc executive of fraud for front-running a large client order. [more...]
Bloomberg: Getting the Currency Right Is Proving to Be the Key to Making Money in Stocks
Getting currency trends right has been the difference this year between slim to large-scale returns when it comes to stocks and that isn’t likely to change soon. [more...]
Bloomberg: Saudi Billionaire Alwaleed Sees Enron-Like Demise for Bitcoin
Saudi billionaire Prince Alwaleed is joining the long line of skeptics saying bitcoin is a bubble as the digital currency continues to set record highs. [more...]
Reuters: Asian shares hover near recent highs; NZ dollar slips
Asian shares held within striking distance of recent decade highs on Tuesday and major currencies kept to narrow ranges, while the New Zealand dollar fell after the country’s incoming Labour government laid out its left-leaning priorities. [more...]
Reuters: China's economy seen growing 6.8 percent in 2017 and 6.4 percent in 2018: Reuters poll
China’s economy will likely grow 6.8 percent in 2017, topping the state target and accelerating for the first time in seven years, a Reuters poll showed, as Beijing walks a tightrope by containing debt and property risks without stunting economic growth. [more...]
CNBC: China has grand ambitions to dethrone the dollar. It may make a powerful move this year
China is looking to make a major move against the dollar's global dominance, and it may come as early as this year. [more...]
CNBC: How the ECB could deliver a shock to markets
Traders are eagerly anticipating Thursday's meeting of the European Central Bank (ECB), with some contemplating whether President Mario Draghi's actions could radically reschedule when the central bank's first rate hike could come. [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

Trade with the Trend! Join today by clicking below and know which way to trade by accessing our market directional signal!

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.

Program Trading for 24 October 2017

Sell Programs No Programs Buy Programs
Index Sell
Active (SA)
Sell
Threshold (ST)
Fair Value
(Premium) (FV)
Buy
Threshold (BT)
Buy
Active (BA)
S&P
500
(TM)
-3.95 -3.26 -2.35 -1.41 -0.71
NASDAQ
100
(SM)
-7.48 -4.23 0.12 3.48 5.98
Dow Jones
Ind. Avg.
(SM)
-62.48 -58.20 -52.46 -39.20 -29.27

S&P Levels of Interest for 24 October 2017

R3  2593.00     R2  2583.17     R1  2573.33
DP  2567.42
S1  2557.58     S2  2551.67     S3  2541.83

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: Yen Falls, Japan Stocks Advance on Abe Victory: Markets Wrap
A landslide election victory for Japan Prime Minister Shinzo Abe sent the yen down and stocks in Tokyo higher, with the path paved for a continuation of loose monetary policy. [more...]
Bloomberg: JPMorgan Taps AI Startup to Help Traders Predict Market Moves
At the world’s biggest debt dealer, traders can have trouble making sense of all the action as it happens. So JPMorgan Chase & Co. is bringing in artificial intelligence to give them a picture of the whole trading floor - and even predict where markets are going. [more...]
Bloomberg: Seen From Space, China's Oil Demand Looks Stronger Than Expected
Storage data gathered by satellite implies the amount of crude China is putting into storage is below what can be extrapolated from the nation’s customs and production data, Barclays Plc analysts wrote in an Oct. 23 note. That means it may be consuming more oil than official data indicate and that the global supply-demand balance is tighter than estimated. [more...]
Bloomberg: Czech's New Billionaire Leader Could Slow the World's Best Currency Rally
He’s drawn comparisons to the U.S. president, but don’t expect billionaire Andrej Babis to deliver a version of the “Trump bump” after his dominant showing in Czech elections. [more...]
Bloomberg: Yen Weakens, Stocks Gain as Abe Win Removes Threat to BOJ Easing 
The yen fell to the lowest in more than three months and Japanese stocks gained after Prime Minister Shinzo Abe’s ruling coalition maintained its majority in Sunday’s general election, signaling continuity with his platform of fiscal spending and monetary easing. [more...]
Reuters: Japan shares at two-decade top, yen near three-month low as Abe wins
Japanese shares jumped on a weaker yen on Monday as an election win for Shinzo Abe’s ruling bloc gave a green light for more policy stimulus, while the euro eased as Spain’s constitutional crisis aggravated concerns about political unity in the region. [more...]
Reuters: U.S. Midwest oil refiners boost output, cut region's dependence on Gulf Coast
U.S. refineries from Ohio to Minnesota are capitalizing on access to cheap crude from Western Canada and North Dakota oilfields, helping their region break a historic dependence on fuel from the Gulf Coast while redrawing oil trade maps. [more...]
CNBC: Cryptocurrencies 'not mature enough' to assess impact: Saudi Arabia regulator
Cryptocurrencies are "not mature enough" yet to assess the impact they could have on regulation and the economy, a senior advisor at Saudi Arabia's financial regulator told CNBC Sunday. [more...]
CNBC: Spotify could be valued at $20 billion when it goes public
Spotify could be valued at $20 billion when it goes public and eventually be worth $100 billion, according to one investment bank. [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

Trade with the Trend! Join today by clicking below and know which way to trade by accessing our market directional signal!

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.