Todays Market

Economic Calendar (time in GMT)
No medium or high importance economic announcements
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: Equities Extend Rally With Copper as Yen Weakens: Markets Wrap
Asian stocks extended a global rally as investors looked ahead to data that will provide detail on the strength of U.S. consumer prices and speeches from a range of Federal Reserve officials. [more...]
Bloomberg: Yellen Unlikely to Rule Out March Hike in Capitol Hill Testimony
Federal Reserve Chair Janet Yellen probably won’t drop a heavy hint on the timing of the next interest-rate increase when she speaks to Congress this week, but expect her to defend post-crisis banking rules the Trump administration has sworn to undo. [more...]
Bloomberg: Surging Iron Ore Won’t ‘Fall Off a Cliff,’ Says Rio Tinto
Iron ore will defy forecasts for a dramatic price collapse as China’s economy remains strong and the top buyer boosts demand for higher-quality imports, according to Rio Tinto Group, the second-largest exporter. [more...]
Reuters: Yen slips after Trump-Abe meet, Asian shares firm
The dollar rose against the yen on Monday on relief that U.S. President Donald Trump set aside tough campaign rhetoric over security and jobs in a smooth meeting with Japanese Prime Minister Shinzo Abe, with no mention of currency policy. [more...]

Reuters: Dollar hits two-week high vs yen on U.S.-Japan summit relief
The dollar rose to a two-week high versus the yen on Monday, with the market breathing a sigh of relief as the closely watched two-day U.S.-Japan summit held over the weekend was seen to have ended smoothly. [more...]

Reuters: Oil prices dip as markets remain bloated despite OPEC-led cuts
Oil prices dipped on Monday on signs that global fuel markets remained bloated despite OPEC-led crude production cuts that have been more successful than most initially expected. [more...]
CNBC: It’s no flash in the pan; stay long on gold: UBS
A rally in gold prices has room to run on risk concerns from politics to interest rates, so hold on to those long positions, a UBS analyst said Monday. [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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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.

S&P Levels of Interest for 13 February

R3  2328.50     R2  2323.25     R1  2318.00
Daily Pivot  2310.50
S1  2305.25     S2  2297.75     S3  2292.50

S&P Levels of Interest for 10 February

R3  2327.75     R2  2319.92     R1  2312.08
Daily Pivot  2299.92
S1  2292.08     S2  2279.92     S3  2272.08

Todays Markets

Economic Calendar (time in GMT)
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: Asian Bonds Gain While China Shares Extend Rally: Markets Wrap
Political uncertainty continues to drive financial markets, with Asian bonds following a rally in Treasuries. China shares in Hong Kong headed for a 14-month high, while the New Zealand dollar slid after the central bank signaled discomfort with the currency’s strength and odds of an interest-rate increase were lowered. [more...]
Bloomberg: OPEC Ministers Say the Market Might Need More Oil Cuts
OPEC and other major crude-producing nations may need to extend output cuts into the second half of the year to re-balance the market, oil ministers for Iran and fellow group member Qatar said. [more...]
Bloomberg: RBNZ Sees Rates Staying at Record Low For Prolonged Period
New Zealand’s central bank damped market expectations of an interest rate increase later this year, saying it plans to keep borrowing costs at a record low for a prolonged period as inflation returns only gradually to target. [more...]
Bloomberg: Analysts Aren’t Buying Sterling Rebound as Brexit Deadline Looms
The pound fell for the fourth time in five days as currency strategists remain unconvinced by its rebound in the past month, with their forecasts for the end of the second quarter rooted at the lowest level on record. [more...]
Reuters: Asian stocks at 18-month highs as China rises
Asian shares climbed to their highest in more than 18 months on Thursday, as investors grew more confident about China while the dollar slightly firmed in the wake of growing concerns over political instability in Europe. [more...]
CNBC: Jump in US crude imports to reverse in March: Goldman
The recent jump in U.S. crude imports could reverse from March as major oil exporters start cutting production, Goldman Sachs analysts said in a note. [more...]
CNBC: Asia stocks mostly higher as crude oil and gold prices get a lift
Asian shares retraced earlier losses to trade higher on Thursday, as crude and gold prices also climbed.  [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
Image

Todays Markets

Economic Calendar (time in GMT)
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
CNBC: Oil data key for Wednesday as 'bullish OPEC' cuts compete with 'bearish shale' production
The U.S. government reports weekly oil inventory data at 10:30 a.m. ET, and if that report confirms American Petroleum Institute data showing a shockingly large supply build, already falling oil prices are likely to continue to drop. [more...]
Bloomberg: Yen Climbs, Oil Slumps Before India Rates Decision: Markets Wrap
The yen rose after the nation’s central bank offered to buy bonds for the third time in a week, while crude oil extended the worst two-day slump in four weeks. India’s Sensex was little changed ahead of a central bank rates decision. [more...]
Bloomberg: Russia Shows Why China Should Just Stop Burning Up Its Reserves
China has wiped out about a quarter of the world’s heftiest foreign-currency stockpile over the past 18 months in its quest to keep the yuan stable. According to Commerzbank AG, such intervention is futile. [more...]

Bloomberg: Greece Tops Euro Area for Underemployment, Germany Lowest: Chart
About 31 percent of Greece’s actual and potential labor force is working less than full time or not at all, based on data for the third quarter of 2016.  [more...]

Bloomberg: Rio Tinto Rewards Investors as Profit Rebounds on Iron Ore Rally
Rio Tinto Group will pay a much higher dividend than expected and buy back $500 million of shares after the world’s second-biggest mining company reported the first gain in annual profit since 2013. [more...]
Reuters: Asia shares down, euro pressured by doubts over Trump's policies, French election
Asian share markets retreated on Wednesday and the euro was pressured as doubts over the policies of U.S. President Donald Trump and an election looming in France sapped investor confidence. [more...]

CNBC: Copper prices up ahead of strike at world's largest mine
Copper prices climbed over 1 percent on Wednesday morning in Asia after global miner BHP Billiton said it planned to halt production at the Escondida mine in Chile due to a workers strike. [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
Image

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.