Todays Markets

/0 Comments/in /by
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 Climbs to 15-Month High, Hitting Japan Stocks: Markets Wrap
The yen climbed to a 15-month high as traders probed Japanese officials’ tolerance for appreciation, hurting the nation’s stocks in what was otherwise a mixed session for Asian equities Wednesday ahead of a key U.S. inflation report. [more...]
Bloomberg: Why Wednesday Could Be a Huge Day for the VIX
The Cboe Volatility Index tends to have bigger swings on days its contracts mature, with intraday moves of 13 percent on average on the past 12 monthly expirations. That compares with a mean daily fluctuation of 10 percent in the year through January. [more...]
Bloomberg: Bond Traders Pay $6 Million to Hedge Surprise Inflation Miss
Bond traders are placing big hedges that the latest read on U.S. price growth will disappoint the growing chorus of inflationistas. [more...]
Bloomberg: Cursed by the Yen: Investor Views on How Currency Haunts Stocks
For many years, Japanese stocks moved in tandem with the yen. When the currency weakened, they tended to rise. Last year, that relationship started to break down. The benchmark Topix index surged 20 percent even as the yen strengthened almost 4 percent against the dollar. [more...]
Bloomberg: FX Volatility Sparks Trading Surge With Signs of More to Come
The past week’s financial-market turbulence is keeping foreign-exchange traders busy, boosting volumes along with volatility. Price swings in the $5.1-trillion a day currency market have jumped at the start of 2018 to the highest since November 2016 on a monthly basis, according to a JPMorgan Chase & Co. gauge. [more...]
Bloomberg: Yen May Have More Surprises in Store for Bulls and Bears Alike
The dollar is on the verge of breaking an all-important technical support level versus the Japanese currency, which may only be the beginning of a sustained period of volatility in the yen as the market comes to terms with its latest strength. [more...]
Reuters: Gasoline, rents seen lifting U.S. monthly CPI; annual rates to slow
U.S. consumer prices likely increased solidly in January, boosted by rising gasoline and rents, but annual inflation growth is expected to have slowed as the large price gains from last year drop out of the calculation. [more...]
Reuters: Asia shares wary of U.S. inflation, dollar breaks down
Asian share markets turned mixed on Wednesday as investor nerves were strained ahead of a U.S. inflation report that could soothe, or inflame, fears of faster rate hikes globally. [more...]
CNBC: Barely anyone is paying the taxes they owe on their bitcoin gains
A tiny fraction of Americans are reporting their cryptocurrency transactions to the IRS, according to a study from Credit Karma Tax. [more...]
CNBC: Credit Suisse CEO on controversial volatility trades: 'It worked well for a long time until it didn't'
Credit Suisse is defending a controversial financial product it issued that played a role in staggering market losses last week. [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

Todays Markets

/0 Comments/in /by
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: Asia Stocks Gain in Global Rebound; Yen Climbs: Markets Wrap
Asian stocks rose amid signs markets are beginning to stabilize after the biggest weekly rout in two years. Japanese equities pared gains as the yen advanced. Shares in Hong Kong and China led the rally in Asia after the S&P 500 Index posted its biggest two-day advance in 18 months. [more...]
Bloomberg: A $120 Billion Manager Expects Another Equity Selloff by March
If you were planning on putting your money back into stocks, you might want to hold on. That’s the message from Nader Naeimi of AMP Capital Investors Ltd. who’s still hanging on to the bulk of his cash reserves for another possible selloff by March. [more...]
Bloomberg: Shiller Says `Open Question' Whether Stock Sell-Off Is Over
Robert Shiller, the Nobel Prize-winning economist who is famed for his prescient warnings about the dot-com and housing bubbles, said it remains an open question as to whether the rout in equities is finished. [more...]
Bloomberg: London City Airport Reopens Following Removal of WWII Bomb
London City Airport was declared open Tuesday, restoring flights at the hub that serves the U.K. capital’s main financial districts, following the removal of an unexploded World War II bomb discovered during a construction project. [more...]
Bloomberg: VIX Manipulation Costs Investors Billions, Whistle-Blower Says
A whistle-blower told U.S. regulators that a scheme to manipulate the VIX, the volatility gauge thrust into the spotlight last week during a wild trading session, costs investors hundreds of millions of dollars a month. [more...]
Bloomberg: ‘50 Cent’ VIX Trade Just Paid Off to the Tune of $200 Million
Hate it or love it, the underdog’s on top: patiently waiting for the VIX to explode has finally been rewarded in a big way. Among the biggest winners from last week’s turmoil is the mysterious buyer of out-of-the-money options tied to the Cboe Volatility Index priced at about 50 cents apiece.  [more...]
Bloomberg: Dubai Trader Gets First Mideast License in Cryptocurrencies
Dubai gold trader Regal RA DMCC is the first company in the Middle East to get a license to trade cryptocurrencies, the Dubai Multi Commodities Centre said. [more...]
Reuters: Asian stocks pull further off two-month lows as Wall St. bounces
Asian stocks pulled further away from two-month lows on Tuesday, lifted by Wall Street’s extended rebound from last week’s steep fall, but investors remained cautious ahead of U.S. inflation data later in the week. [more...]
Reuters: Share buybacks could add fuel to Wall Street rebound
Companies snapping up their own shares might provide additional fuel for the U.S. stock market to rebound in coming weeks following a wave of strong quarterly earnings reports and tax cuts that have left more cash on balance sheets. [more...]
CNBC: Amazon is cutting hundreds of employees to shift resources to fast-growing businesses
Amazon is laying off employees in the "low hundreds" an in effort to shift head count allocation to businesses that are growing, CNBC has learned. [more...]
CNBC: OPEC chief says he has Putin's word that Russia won't flood the market with oil
Russia has pledged not to abandon a deal with OPEC to keep a lid on oil supplies, even as crude prices rise, OPEC Secretary General Mohammed Barkindo said on Monday. [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

Todays Markets

/0 Comments/in /by
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: Asia Stocks Rise With S&P Futures; Dollar Declines: Markets Wrap
Investors got a reprieve from the recent turmoil with Asian stocks recovering from their worst weekly rout since 2011 as volatility swept global markets. The dollar declined against major peers ahead of key U.S. inflation data. [more...]
Bloomberg: When Will It End? Bloodied Traders Seeking Clues
When will it finally stop? After a jarring week that rattled financial centers from New York to Hong Kong, and wiped out almost $5 trillion from stock markets, it’s the question everyone is trying to figure out. [more...]
Bloomberg: Five Things You Need to Know to Start Your Day
Traders start the week on edge, North Korea invites the South to talks and a far-reaching bank inquiry starts in Australia. Here are some of the things people in markets are talking about. [more...]
Bloomberg: Bond-Stock Clash Has Just Begun as Inflation Looms
The tug-of-war between stocks and bonds is at the heart of the shakeout roiling financial markets. This week’s U.S. inflation report could hold the key to the next phase. [more...]
Bloomberg: Volatility’s Awakening Spurs Record Long Position in VIX Futures
Bets on market tranquility that blew up in spectacular fashion helped spark a record shift in the futures market. The weekly commitment of traders report shows non-commercial positioning in VIX futures contracts spiked to a record net long of 85,818 contracts as of Feb. 6. [more...]
Bloomberg: Record $23 Billion Flees World's Largest ETF
Investors actively abandoned the world’s biggest passive fund during the onset of market mayhem. The SPDR S&P 500 exchange-traded fund (ticker SPY) suffered a record $23.6 billion in outflows last week amid the worst momentum swing in history for the underlying U.S. equity benchmark. [more...]
Bloomberg: Bitcoin Finds a Bottom as Risk Aversion Grips Global Markets
What’s supposed to be the most volatile asset in the universe is proving to be a bastion of stability compared with wild swings and carnage in global equities this week. Bitcoin clawed its way back from the four-month low of $5,922 it touched on Tuesday, rebounding 53 percent to $9,069.  [more...]
Bloomberg: JPMorgan Sees ‘Severe’ Unwind by Systematic Strategies Coming to an End
The unwinding of positions by some systematic strategies has been “so severe” that it should be nearly over, and retail investors appear to be the main risk left to stocks, according to JPMorgan Chase & Co. [more...]
Reuters: Stocks try a tentative bounce, bonds fret on U.S. inflation
Asian share markets found a semblance of calm on Monday as S&P futures extended their bounce, though global investors were still fretting about the risks from looming U.S. inflation data after last week’s sharp sell-off. [more...]
Reuters: Oil prices rise 1 percent as stocks markets steady
Oil prices rose by 1 percent on Monday, recovering at least some of last week’s steep losses as Asian stock markets found their footing after days of chaotic trading. [more...]
CNBC: Bull market looks safe for now as fewer than half of corrections deepen into full-blown bears
Every bear market starts as a correction, but fewer than half of all corrections deepen into bear markets. Now that the U.S. stock market has shed one-tenth of its value in two weeks in a sharp correction, the fate of this downward break in prices has investors in suspense. [more...]
CNBC: Stocks, bonds set to remain under pressure after wildest trading week in 2 years
Stocks come off a punishing week, ready for more volatility as the market continues to search for a floor and stock investors keep an eye on rising interest rates. [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

Todays Markets

/0 Comments/in /by
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: Global Stock Slump Continues; China Gets Hit Hard: Markets Wrap
The sell-off in global stocks that briefly looked to have ended mid-week has come back, tipping markets from the U.S. to Asia into declines exceeding 10 percent from their January highs. China, where retail investors dominate, got hit particularly hard Friday. [more...]
Bloomberg: These Haven Assets Don't Reflect Panic in Markets Right Now
So much for the adage that stocks are inversely correlated with Treasuries and the Japanese yen. Equities have slumped over the past two weeks but there’s been little reaction in the classic haven assets. [more...]

Bloomberg: China, Hong Kong Suffer Most as Stock Rout Shatters Market Calm
As global equity investors reel from the biggest selloff in two years, nowhere has the pain been more acute than in China and Hong Kong. [more...]
Bloomberg: New Era of Currency Volatility Leaves Bearish Dollar Bets Intact
The latest turbulence in China’s yuan only adds to the complexity of a bruising stretch for global currency markets. Yet for some money managers and strategists, the path forward couldn’t be more simple: a weaker dollar. [more...]
Bloomberg: BOE's Broadbent Says Rate Path Slightly Higher Than in November
Improvements in the economy mean the path for U.K. interest rates is slightly higher than the Bank of England saw in November, according to Deputy Governor Ben Broadbent. [more...]
Bloomberg: FX Traders Are Going to Be Hooked on Algos
While only one in 10 FX traders currently uses algos to execute trades, the adoption rate is higher at the largest institutions, with one in four deploying the systems, according to a Greenwich study released Thursday. [more...]
Reuters: Asia hit by Wall St's tumble, China stock indexes lose 6 percent
Asian shares sank on Friday, with Chinese equities on track for their worst day in two years, as fears of higher U.S. interest rates shredded global investor confidence. [more...]
Reuters: Oil falls for sixth day as supply fears mount
Oil prices fell for a sixth day on Friday after Iran announced plans to boost production and U.S. crude output hit record highs, adding to concerns about a sharp rise in global supplies. [more...]
Reuters: Wall Street plummets; S&P, Dow confirm correction
U.S. stocks plunged around 4 percent on Thursday in another dramatic session, confirming a correction that has thrown the market’s nearly nine-year bull run off course. [more...]
CNBC: The market sell-off is only 'shocking' because investors got used to smooth sailing
The recent period of mild volatility is what's making the current market sell-off appear so shocking, according to two experts. [more...]
CNBC: US Senate votes to approve massive spending increase and end government shutdown
Congress moved one step closer early Friday to setting a major spending increase, following hours of drama on the Senate floor that led to the second partial government shutdown in less than a month. [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

Todays Markets

/0 Comments/in /by
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: Asian Stocks Swing; Yuan Drops After Trade Miss: Markets Wrap
Asian stocks fluctuated Thursday as investors assessed the implications of the recent market turmoil that has elevated volatility. The yuan dropped the most since August 2015 after trade figures missed estimates and amid speculation policy makers will step up efforts to rein in gains. [more...]
Bloomberg: Cryptocurrencies Are Like Ponzi Schemes, World Bank Chief Says
The head of the World Bank compared cryptocurrencies to “Ponzi schemes,” the latest financial voice to raise questions about the legitimacy of digital currencies such as Bitcoin. [more...]
Bloomberg: Oil Extends Slide as Record U.S. Output Sparks Supply Glut Fears
U.S. shale is once again threatening to derail oil’s recovery, with futures on course for their longest run of declines in nine months after American output hit new highs. [more...]
Bloomberg: A Map to the Underworld: $2 Trillion of Volatility Trades Here
Investment strategies and products married to market swings were thrust front and center by the worst market meltdown in seven years, in which the Cboe Volatility Index surged to its highest level since 2015. VIX-related securities were halted, volatility-targeting quants blamed, and options trading in benchmarks for turbulence ballooned. [more...]
Bloomberg: VIX May Form the ‘Mother of All Inverted Vs’
The Cboe Volatility Index may not go back to its extreme lows of the past few years, but strategists at Societe Generale and MKM Partners LLC think it’s headed in that direction. [more...]
Bloomberg: Bitcoin May Evolve Into What Everyone Fears, Mathematicians Say
Using mathematical modeling and experimental economics, two University of Pittsburgh researchers tried to determine Bitcoin’s value, and concluded that it’s "an asset which has no value by traditional measures" and may be in a bubble. [more...]
Bloomberg: In Battle of Two Havens, Investors Bet on Yen Over Swiss Franc
Investors are betting that the Japanese yen will do better this year than its haven counterpart, the Swiss franc. With waning political risks in Europe and the Swiss National Bank reluctant to move away from its rhetoric on a “highly valued” currency, options markets favor the yen and analysts see the franc weakening. [more...]
Reuters: Asian shares flirt with six-week low as U.S. yields creep higher
Asian shares flirted with six-week lows on Thursday as U.S. bond yields crept up towards four-year highs as investors fretted that low borrowing costs enjoyed by companies for many years may be endangered by the threat of rising inflation. [more...]
Reuters: Wall Street fades in choppy trade after week's wild start
U.S. stocks ran out of steam on Wednesday after an early surge, in a sign that investors are still spooked by the market’s recent retreat and wary more fallout is to come. [more...]
CNBC: Bitcoin will someday be worth as much as 40 times its current value, says Cameron Winklevoss
Bitcoin could be worth 40 times its current value one day, Cameron Winklevoss — one half of the famous twins — told CNBC on Wednesday. The cryptocurrency had a market capitalization or value of $135 billion on Wednesday, according to CoinDesk data, after the price recovered following a violent sell-off. Forty times this would be over $5 trillion. [more...]
CNBC: China's imports surge 37% in January, exports jump 11%
China reported a 36.9 percent jump in imports and a rise of 11.1 percent in exports — both in dollar terms — for the month of January, the country's statistics bureau said on Thursday. Both figures beat expectations. [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