January, 2018 MarketAxe

Todays Markets

January 10, 2018/0 Comments/in Day Trading Signals /by admin

Economic Calendar

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.

Latest News Headlines

Bloomberg: Asia Stock Rally Fades as Yen Gains for Second Day: Markets Wrap
Asia’s stock rally to record highs looked to take a breather on Wednesday as investors consider the impact of a jump in bond yields. The yen strengthened for a second day, with traders fixating on prospects for scaled-back debt purchases from the Bank of Japan. [more...]

Bloomberg: Classified Military Satellite Goes Missing After SpaceX Launch
A military satellite launched by Elon Musk’s Space Exploration Technologies Corp. appears to have crashed into the sea after a malfunction while being boosted into orbit, a potential setback for the billionaire. [more...]

Bloomberg: Bitcoin Can Drop 50% and China's Miners Will Still Make Money
Bitcoin mining is so profitable in China that the cryptocurrency could fall by half and miners would still make money, according to Bloomberg New Energy Finance. [more...]

Bloomberg: Macron Says China Will Finalize Order for 184 A320 Jets Soon
China, poised to become the world’s biggest aircraft buyer, will finalize orders for 184 Airbus SE A320 family aircraft soon, French President Emmanuel Macron said after talks with his Chinese counterpart Xi Jinping. [more...]

Bloomberg: Gundlach Says Commodities Set to Outperform in Late-Cycle Boom
Jeffrey Gundlach, the billionaire bond manager, said commodities may be one of the best investments this year as they surge during the late phase of the economic cycle. [more...]

Bloomberg: Bitcoin's 43% Arbitrage Trade Is a Lot Tougher Than It Looks
It’s the kind of market anomaly that savvy traders usually devour in fractions of a second: bitcoin prices in South Korea are 43 percent higher than those in the U.S. Arbitrage 101 says buy in America, sell in Korea, and pocket the difference for a risk-free profit, minus transaction costs. [more...]

Bloomberg: How Fake News and Elon Musk Sent South Africa's Currency Haywire
What happens when fevered foreign-exchange speculation meets fake news at the same time a satellite that shares the name of South Africa’s president goes missing? You get the South African rand Tuesday, which suddenly spiked more than 1 percent amid the confusion before snapping back less than 10 minutes later. [more...]

Reuters: Asian shares step back from 2007 peak, oil at 3-year high

Asian shares flinched from testing their 2007 record peak on Wednesday, as investors booked profits in high-tech shares while oil prices hit three-year highs due to production cuts and a fall in inventories. [more...]

Reuters: Oil prices hit highest since 2014, but analysts warn of overheated market
Oil prices hit their highest levels since 2014 on Wednesday due to ongoing production cuts led by OPEC as well as healthy demand, although analysts cautioned that markets may be overheating. [more...]

CNBC: Legendary investor Bill Miller: Market could be headed for a 'melt-up' of 30%
Worried about higher interest rates putting a dent on the stock market's rip-roaring rally? Fear not, a rise in rates will actually help stocks, according to legendary investor Bill Miller. [more...]

CNBC: Three rate hikes by the Fed in 2018 would be problematic for markets, expert says
The current bull run in markets would be derailed if the U.S. Federal Reserve hikes rates three times this year, investing expert Michael Yoshikami told CNBC on Wednesday. [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

Todays Markets

January 9, 2018/0 Comments/in Day Trading Signals /by admin

Economic Calendar

Trading Sentiment

Latest News Headlines

Bloomberg: Asia Stocks Build on Record High, Yen Strengthens: Markets Wrap
Asian equities built on the best start to a year since 2006 as Japanese traders returned from a holiday following new all-time highs for U.S. shares. The yen climbed in an apparent reaction to the Bank of Japan trimming bond purchases in one of its regular operations. [more...]

Bloomberg: Cryptocurrencies Are Selling Off
Bitcoin slumped, dragging down smaller rivals such as ether and litecoin, as concerns that regulators will tighten their grip on the market weigh on the the world’s largest cryptocurrency. [more...]

Bloomberg: SpaceX-Launched Satellite for the U.S. Military May Be Lost, Officials Say
A military satellite launched by Elon Musk’s Space Exploration Technologies Corp. hasn’t been spotted in orbit by the U.S. Strategic Command, creating a mystery about the fate of the classified payload and doubts about whether the mission was a success. [more...]

Bloomberg: Yen's Spike Shows Taste of What Comes When BOJ Really Does Shift
A minor tweak in a regular Bank of Japan bond-purchase operation on Tuesday was enough to send the yen climbing the most in almost a month, even though evidence weighs overwhelmingly against the adjustment signifying anything meaningful. [more...]

Bloomberg: Wall Street's Rising Euphoria May Spell Trouble for Stock Market
Euphoria on Wall Street that stocks can just keep on building on record highs is getting so stratospheric that it’s reaching levels that previously signaled a slump. [more...]

Bloomberg: Venture Capital Investing Hits Highest Since Dot-Com Boom
U.S. venture firms deployed $84 billion in more than 8,000 companies last year, according to research firm PitchBook. The last time this much money sloshed around Silicon Valley and other tech hubs, many venture firms lost their investments in the dot-com bust of the early aughts. That’s far less likely to happen today. [more...]

Bloomberg: How China's Stifling Bitcoin and Cryptocurrencies: QuickTake Q&A
China, home to the world’s biggest community of bitcoin miners, is cracking down on cryptocurrency activity -- more so than most other major economies. From a halt to virtual currency trading on domestic exchanges to banning initial coin offerings, regulators have taken a proactive role in shaping the stratospheric rise of bitcoin and its peers. [more...]

Reuters: Asian shares edge up, yen jumps as BOJ trims bond buying
Asian shares pared gains on Tuesday, pulling away from the cusp of a record high, while the yen stole the currency spotlight and jumped after the Bank of Japan’s slight reduction to its bond purchases reminded investors that it will eventually normalize policy. [more...]

Reuters: U.S. oil prices hit highest since 2015, but doubts loom over rally
U.S. oil prices hit their highest since 2015 again on Tuesday as speculators bet on further price rises amid OPEC-led production cuts and a dip in American drilling activity, though some warned the rally could run out of steam. [more...]

CNBC: Cryptocurrency market will see crash and then consolidation, Ethereum co-founder says
The cryptocurrency market will strengthen after bitcoin alternatives that lack substance have failed, a former chief executive and co-founder of Ethereum said. [more...]

Currency Strength Indicators

Todays Markets

January 8, 2018/0 Comments/in Day Trading Signals /by admin

Economic Calendar

Trading Sentiment

Latest News Headlines

Bloomberg: Asia Stocks Rise as Earnings Awaited, Won Weakens: Markets Wrap
Asian equities edged higher ahead of the start of the region’s earnings season this week, with investors betting that the outlook for economic growth and profits is strong enough to support record-high stock prices. The Korean won declined. [more...]

Bloomberg: Iranian Oil Tanker on Fire Spurs S. Korea Supply Speculation
An Iranian oil tanker carrying 1 million barrels of supply for South Korea’s Hanwha Total Petrochemical Co. caught fire after colliding with another ship off China, prompting speculation over how the cargo will be replaced. [more...]

Bloomberg: Earnings Could Boost Asia Stocks to New Record Highs
Asian equities may be at record highs but analysts see earnings season, which gets under way this week, providing a further boost. [more...]

Bloomberg: Volkswagen, Uber to Deploy Nvidia's Technology for Self Driving
Nvidia Corp., trying to spread its industry-leading graphics chip technology into new areas, said Uber Technologies Inc. and Volkswagen AG will use its artificial intelligence expertise to help bring self-driving cars to the roads. [more...]

Reuters: Asia stocks saunter toward historic high, U.S. earnings hurdle
Asian shares crept toward all-time peaks on Monday after Wall Street boasted its best start to a year in over a decade, with brisk economic growth and benign inflation proving a potent cocktail for risk appetites. [more...]

Reuters: Oil prices edge up on lower U.S. rig count, but below recent highs
Oil prices firmed on Monday on the back of a slight decline in the number of U.S. rigs drilling for new production, with crude holding just below near three-year highs reached last week. [more...]

Reuters: Chinese airlines soar on fare price liberalization
Chinese airlines will be able to set their own prices on more than 300 routes after the aviation regulator further liberalized fees in a major step forward for reform of the world’s fastest-growing civil aviation market. [more...]

CNBC: North Korea may suddenly want talks because of how powerful it has become
North Korean leader Kim Jong Un has ignored recent peace overtures from Seoul but he's due on Tuesday to hold a formal dialogue with his southern neighbor for the first time in more than two years. [more...]

CNBC: A parody cryptocurrency just broke $2 billion for its market cap
A cryptocurrency that was created as a parody and named after an internet meme now has a market value of more than $2 billion. [more...]