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
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
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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 8 February

R1  2294.33    R2  2300.17     R3  2306.00
Daily Pivot  2289.17
S1  2283.33     S2  2278.17     S3  2272.33

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: Five Charts That Say All Is Not Well in Markets
A former TV star as U.S. president doesn’t seem to have injected markets with much of a ‘‘fear factor.’’ But digging beneath the surface of an eight-year bull run exposes subtle signs that hint at an uneasy optimism. [more...]
Bloomberg: Draghi Says Euro Is Irreversible as Le Pen Urges French Exit
Mario Draghi reaffirmed that the euro is irreversible in a defense of the single currency against populists who reject it. [more...]
Bloomberg: Asian Equities Mixed While Dollar Strengthens: Markets Wrap
Asian stock markets were mixed and the dollar strengthened as investors eased up after political uncertainty sent them toward haven assets. The Aussie erased losses after the central bank left its key interest rate on hold, while the kiwi rallied on inflation expectations. [more...]
Bloomberg: Dollar Pares Gain as Japanese Yen Surges to High Since November
The Japanese yen rose versus all of its G-10 peers, driving dollar-yen to its lowest level since Nov. 29 as traders unwound stale yen short positions across several currency pairs, notably against the Canadian dollar and the Australian dollar. [more...]
Bloomberg: World’s Best-Yielding Stock Market Is Set to Get Even Better
The best-yielding equities benchmark among the 12 biggest stock markets in the globe is set to get even better. [more...]
Reuters: Asia stocks, euro pressured by economic, political uncertainty
Appetite for Asian stocks and the euro ebbed on Tuesday as a rising tide of economic and political concerns added to anxiety over expectations China's foreign exchange reserves fell again in January. [more...]
Reuters: Oil prices firm, but kept in range by mixed price signals
Oil firmed on Tuesday after falls the previous session, with markets torn between mixed price indicators that have kept crude range-bound for much of the year. [more...]
CNBC: Asia markets fall as investor sentiment weakens, RBA keeps policy unchanged
Asian markets were negative on Tuesday following the sluggishness in global equities amid risk-off sentiment. [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.

S&P Levels of Interest for 7 February

R3 2305.00 R2 2298.83 R1 2292.67
Daily Pivot 2288.08
S1 2281.92 S2 2277.33 S3 2271.17

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 Stocks Advance as Banks Rally; Dollar Mixed: Markets Wrap
Asian stocks advanced after the Trump administration’s plan to roll back financial regulations sparked a rally in global bank shares. The dollar was mixed as a U.S. jobs report showed weaker wage growth. [more...]
Bloomberg: Pound’s Slump on Brexit Tempts Middle Eastern Property Buyers
Brexit put the brakes on U.K. commercial property investment for most overseas buyers. For those from the Middle East, the subsequent slump in the pound and a rebound in commodities outweighs the risk to values. [more...]
Bloomberg: Australia's Stock Market Is Decoupling From the World
It all started so well for Australian stocks this year, as they rallied to touch the highest since May 2015. That euphoria has ended abruptly as banks dragged down the country's main index, making it the worst-performing major Asian stock gauge.  [more...]
Bloomberg: America’s Asia Allies May Face Biggest Currency Reversal
Asia’s top two performing currencies so far this year are unlikely to enjoy prolonged gains, with the new U.S. administration’s increasing turn toward protectionism set to hit the economies of South Korea and Taiwan. [more...]
Bloomberg: A Year On, Japan Banks Brave Negative Rates Thanks to Trump
Japan’s biggest banks have navigated through a year of negative interest rates and choppy financial markets with their profits intact, thanks at least in part to Donald Trump. [more...]
Reuters: Asia shares lag Wall St. gains, dollar in doldrums
Asian shares crept up on Monday as Wall Street gathered momentum into a busy week of earnings with more than 100 major companies due to report, while the dollar was again hobbled by a lack of progress on U.S. fiscal stimulus. [more...]
Reuters: Oil prices rise on weaker dollar, but U.S. output drags
Oil prices rose on Monday, with traders shifting money into crude futures as the dollar weakened, and on concerns that new U.S. sanctions against Iran could be extended to affect crude supplies. But markets were held back by more signs of growing U.S. production and by worries that import demand in China could slow. [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.