Todays Markets

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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: Asia Stocks Drop, Yen Steady Before Trump Speech: Markets Wrap
Asian stocks fell while gold and the yen were steady after three days of gains as investors grew cautious before speeches this week from Donald Trump and Janet Yellen. [more...]

Bloomberg: Chinese Shares' Power Surge Leaves Global Investors Unconvinced
The biggest equity rally in Asia this year has yet to captivate global investors. The MSCI China Index, which is dominated by Hong Kong-traded Chinese shares, has surged 12 percent since Dec. 31, its best start to any year since 2012.  [more...]
Bloomberg: Why Buffett Prefers Colonoscopy to Issuing Berkshire Shares, and Other Letter Highlights
On Saturday, he showed off his wit again, with an annual letter to Berkshire Hathaway Inc. shareholders that built on some of his favorite themes and added new ones.  [more...]
Bloomberg: Is the Trump Bump Coming to an End?
How does the future look when stock prices jump this fast? There’s good and bad news. The last time it happened, in January 1987, the Dow dropped 11 percent over the next year as the market endured one of its worst crashes.  [more...]

Reuters: Asia stocks erase losses but some investors await Trump talk
Asian stocks erased early losses but stayed below 19-month highs on Monday as a renewed drop in sovereign bond yields on political concerns prompted some investors to move to the sidelines after a recent rally. [more...]

Reuters: Oil gains on supply cuts, but rising US output caps gains
Oil prices rose on Monday, with the market set to rise for five out of seven sessions as a global supply glut appears to ease, but rising U.S. production limited gains. [more...]
Reuters: Funds prepare $2 billion oil market play as supply tightens
Passive investment funds are poised to shift an estimated $2 billion from far-term to near-term crude futures over the next week, anticipating an energy market rally as a historic OPEC output cut slashes supply. [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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S&P Levels of Interest for 21 February

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R3  2361.00     R2  2356.67     R1  2352.33
DP  2344.42
S1  2340.08     S2  2332.17     S3  2327.83

Todays Markets

/0 Comments/in /by
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 Drop Even as Reflation Pullback Eases: Markets Wrap
Investors continued to step away from Asian equities at the end of the week even as a global pullback in other reflation trades eased. [more...]
Bloomberg: Frenzied Betting, Sleeping Market: Something Must Give in Oil
As hedge funds and money managers place record trades on a rally in oil, the price itself has fallen asleep. Logic dictates that something should give. Here are five charts examining the unprecedented speculative build-up and what the market’s next turn might be. [more...]
Bloomberg:BlackRock Backs Gold to Hedge Market Risk
Investors should probably be a little more nervous, according to one BlackRock Inc. money manager. [more...]

Bloomberg: Fewer Americans Than Forecast File for Unemployment Insurance
Jobless claims rose by 5,000 to 239,000 in the week ended Feb. 11, a report from the Labor Department showed Thursday. The median forecast in a Bloomberg survey called for 245,000 applications. Continuing claims fell slightly. [more...]

Reuters: Asia shares ease after run of gains; oil lifted by OPEC cut extension hopes
Asian stock markets took a breather on Friday from their recent surge as investors booked profits, while the dollar inched up after Thursday's slide and optimism over possible renewed supply cuts by OPEC lifted oil prices. [more...]
CNBC: Greece says 'not a euro more' in cuts as EU officials call for speedy deal
European Union officials urged Greece and its lenders on Thursday to conclude a long-overdue bailout review quickly to safeguard economic recovery but Athens said it wouldn't ask "a euro more" from its austerity-wracked citizens. [more...]
CNBC: Greenspan: 'Cry of pain' around the world led to Trump and Brexit victories
The rise of "economic populism" around the world has come from years of low growth that have "seriously impaired" the global economy, former Fed Chairman Alan Greenspan said Thursday. [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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S&P Levels of Interest for 17 February

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R3  2364.75     R2  2358.33     R1  2351.92
DP  2344.33
S1  2337.92     S2  2330.33     S3  2323.92

Todays Markets

/0 Comments/in /by
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: Brexit hits UK M&A
Britain is set to suffer a fall in mergers and acquisitions activity in the second quarter of 2017 as the effects of Brexit become increasingly apparent, new research suggests. [more...]
Bloomberg: Asia Stock Rally Fizzles as Bonds Gain, Yen Jumps: Markets Wrap
The reflation trade rally that sent global equities soaring to the highest level on record was cut short during Asian hours as the yen jumped and Treasuries climbed for the first time in five days. [more...]
Bloomberg: No More Waiting: Inflation May Have Already Hit Fed's Target
Forget wondering when U.S. inflation will reach the Federal Reserve’s goal. It may be there already. [more...]
Bloomberg: The Market May Be Guilty of Gambler's Fallacy on Fed Hikes
When successive coin flips turn up heads, a gambler’s instinct would dictate the next toss results in tails -- even if the odds are still 50-50.
That’s the so-called gambler’s fallacy, and financial markets are at risk of making a similar mistake. [more...]
Reuters: Asian stocks test new 19-month highs, some markets seen overvalued
Asian stocks inched to new 19-month highs on Thursday with thanks to an ongoing rally on Wall Street and bolstered by gains in Chinese stocks while the dollar came in for a bout of profit-taking after a recent bounce. [more...]
Reuters: U.S. retail sales rise; inflation posts largest gain in four years
U.S. retail sales rose more than expected in January and consumer prices recorded their biggest gain in nearly four years, boosting prospects of an interest rate increase from the Federal Reserve next month. [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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