Todays Markets

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Economic Calendar
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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: Stocks in Asia Advance; Korean Shares, Won Climb: Markets Wrap
Stocks in Asia gained, with some major markets shut for holidays, as investors weighed the ongoing earnings season against a mixed set of signals for global economic growth. The won rallied as the two Koreas moved closer to peace on the peninsula. [more...]
Bloomberg: T-Mobile to Buy Sprint for $26.5 Billion in Bet on Networks
T-Mobile US Inc. agreed to acquire Sprint Corp. for $26.5 billion in stock, a wager that the carriers can team up to build a next-generation wireless network and get a jump on industry leaders Verizon Communications Inc. and AT&T Inc. [more...]
Bloomberg: Five Things You Need to Know to Start Your Day
North Korea pledges denuclearization, Southeast Asian stocks are set for their worst rout since 2016, and T-Mobile and Sprint in a mega deal. Here are some of the things people in markets are talking about. [more...]
Bloomberg: Here Are the Stocks to Watch After Two Koreas Agree to End War
If you’re trying to figure out how it’s all going to play out on the South Korean stock market on Monday after Kim Jong Un’s historic call for peace, don’t worry, we’ve got the list for you. [more...]
Bloomberg: China's Economy Gives Little Sign of Slowdown as PMIs Hold Up
China’s economy is giving little sign that a slowdown is approaching, with services strengthening and manufacturing remaining robust. The official manufacturing purchasing managers index stood at 51.4 in April versus the 51.3 estimate in a Bloomberg survey and 51.5 last month. [more...]
Bloomberg: Goldman Sees the Australian Dollar Falling to 72 Cents
Australia’s dollar is poised to drop another 5 percent this year as the central bank stays on hold while the Federal Reserve keeps raising interest rates, Goldman Sachs Asset Management says. [more...]
Bloomberg: Not Everybody’s Buying the Saudi Story, Even as Money Gushes In
While tens of billions of dollars gush into Saudi Arabia on a potential MSCI Inc. upgrade to emerging-market status, it will take more to keep investors enthused. [more...]
Bloomberg: Oil Hedge Fund Manager Says $300 Oil ‘Not Impossible’
Pierre Andurand, one of oil’s most prominent hedge fund managers, said the current reluctance of energy companies to invest in new production meant $300 a barrel was "not impossible" within a few years. [more...]
Bloomberg: JPMorgan's Guide to End of `Easy Money' Amid Tepid Equities
The moves in stocks lately are just strange -- but there’s still a logical approach to investing for the expected end of “easy money,” according to JPMorgan Chase & Co. [more...]
Reuters: Asian shares climb as Korea tensions ease, earnings boom
Asian shares extended gains on Monday as tensions in the Korean Peninsula eased and first-quarter earnings shone, although some investors were cautious about the outlook amid the backdrop of a simmering U.S.-China trade dispute. [more...]
Reuters: Oil slips after U.S. rig count rises; Iran concerns cap downside
Oil prices edged lower on Monday as a rising rig count in the United States pointed to higher production, but prices held near more than three-year highs and were on track to rise for a second consecutive month. [more...]
CNBC: Battle of the hyperloops: HTT and Virgin go head-to-head in the Middle East
The competition between hyperloop developers in the Middle East is heating up, with the two main operators — Hyperloop Transportation Technologies (HTT) and Virgin Hyperloop One — sniping over the use of the name "hyperloop" and territorial ambitions. [more...]
CNBC: SoftBank's CEO clinches his biggest deal by letting go
SoftBank Group CEO Masayoshi Son has made a name for himself as the ultimate dealmaker, raising almost $100 billion for investments with his Vision Fund. Yet after four years of haggling, he has scored his biggest deal by simply letting go. [more...]
CNBC: Markets may be 'right to be cautious' — despite Korean developments and strong earnings
Robust first-quarter earnings stateside and seemingly favorable developments on the Korean Peninsula last week may have painted a rosy picture ahead for markets, but staying cautious could prove to be a smart move for investors. [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: Stocks Rise on Earnings Boost; Treasuries Rally: Markets Wrap
Asian stocks climbed as the latest bout of earnings results buoyed sentiment in the technology sector and traders kept an eye on the historic meeting between the leaders of North and South Korea. The dollar steadied and Treasuries extended gains. [more...]
Bloomberg: Europe's Big Debt Drama Enters Finale as Clock Ticks for Greece
Europe may be about to let Greece out of the financial doghouse, yet the wrangling is set to escalate over the terms and conditions. Finance ministers from the euro region meet in Sofia on Friday for talks on easing repayment terms on Greek bailout loans. [more...]
Bloomberg: Ethereum Founder Is Boycotting One of the Biggest Crypto Summits
One of the biggest names in cryptocurrencies is boycotting one of the highest-profile conferences in the space. Ethereum founder Vitalik Buterin tweeted Thursday that he’s boycotting this year’s Consensus conference after CoinDesk, the news website that organizes the event, linked to a fraudulent website in one of its stories. [more...]
Bloomberg: French Economic Growth Slows Sharply as Weather Hurts Output
France’s economy saw growth slow sharply in the first quarter as winter storms ripped through the country, hitting factory production. Gross domestic product expanded 0.3 percent, the weakest in more than a year and less than half the 0.7 percent pace recorded in the previous three months. [more...]
Bloomberg: Ex-HSBC FX Trader Sentenced to 2 Years, Sent Directly to Prison
Former HSBC Holdings Plc trader Mark Johnson, the first person to be convicted in a global crackdown on currency rigging, was sentenced to two years in prison and immediately taken into custody. [more...]
Reuters: Weak consumer spending seen restraining U.S. growth in first quarter
The U.S. economy likely slowed in the first quarter as growth in consumer spending braked sharply, but the setback is expected to be temporary against the backdrop of a tightening labor market and large fiscal stimulus. [more...]
Reuters: Exclusive: U.S. considers tightening grip on China ties to Corporate America
The U.S. government may start scrutinizing informal partnerships between American and Chinese companies in the field of artificial intelligence, threatening practices that have long been considered garden variety development work for technology companies, sources familiar with the discussions said. [more...]
Reuters: Old rules, algorithmic traders add costs to U.S. share buybacks
U.S. companies are on track to buy back a record amount of their own stock this year, but a decades-old markets rule aimed at preventing manipulation makes these trades easy to game and has probably cost companies billions in recent years. [more...]
CNBC: Apple, Samsung and a lot of their investors are probably watching today's Korean summit
North Korea and South Korea are on the verge of an historic moment — and it matters for tech companies and their investors far beyond the peninsula. [more...]
CNBC: Bank of Japan keeps its monetary policy steady
The Bank of Japan kept monetary policy steady on Friday and removed a phrase on the time frame for achieving its 2 percent inflation target, suggesting it is no rush to reach its elusive price goal with the economy in good shape. [more...]
CNBC: Amazon's sellers are going global, helping the company generate big profits
Amazon is increasingly going global, and it's taking sellers along for the ride. In its first-quarter earnings report on Thursday, Amazon said that global sellers accounted for 25 percent of third-party sales on the site last year. That's growth of 50 percent from the previous year. [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 Mixed as Treasury Yields Tick Higher: Markets Wrap
Equities were mixed across Asia as gains in technology shares were offset by declines in financials. The dollar steadied close to its highest in three months, while Treasuries edged lower. [more...]
Bloomberg: Electric Buses Are Hurting the Oil Industry
Electric buses were seen as a joke at an industry conference in Belgium seven years ago when the Chinese manufacturer BYD Co. showed an early model. “Everyone was laughing at BYD for making a toy,” recalled Isbrand Ho, the Shenzhen-based company’s managing director in Europe. “And look now. Everyone has one.” [more...]
Bloomberg: China Mulls Cutting Car Import Duty by About Half
China is considering proposals to cut import duty on passenger cars by about half, according to people with direct knowledge of the matter, a move that’s set to give a lift particularly to luxury-car makers such as BMW AG and Toyota Motor Corp.’s Lexus unit. [more...]
Bloomberg: Huawei Said to Be Probed by FBI for Possible Iran Violations
The U.S. Justice Department has joined two other agencies probing Huawei Technologies Co. for possible violations of sanctions banning sales to Iran, according to two people familiar with the matter. [more...]
Bloomberg: Investors Are Looking for Any Hint of Trouble in Strong Earnings
An earnings season billed to be the best since 2011 has exceeded lofty expectations, and yet the stock market’s agitated. Time and again -- starting almost two weeks ago with JPMorgan right up through Wednesday with Twitter -- solid results have been met with a subsequent beat-down in the shares. [more...]
Bloomberg: Deutsche Bank to Reduce Investment Banking in Focus on Europe
Deutsche Bank AG plans to cut back its investment bank to save costs and focus on European clients, retrenching from a decades-long effort to compete with Wall Street peers. [more...]
Bloomberg: Buy Australian Bonds, Sell the Currency: Morgan Stanley
Australian bonds are a buy because the central bank will keep interest rates at a record low for at least the next six to 12 months, according to Morgan Stanley Investment Management Inc. The company is underweight the Aussie dollar for the same reason. [more...]
Bloomberg: One of the Hottest Short-Dollar Trades Just Fell Into the Red
A rebound in the dollar has exposed the risky underside of a long-winning and ever-popular bet on developing nations. After climbing as much as 4 percent this year, a Bloomberg currency index that measures carry-trade returns from eight emerging markets, funded by short positions in the greenback, has given up all its 2018 returns. [more...]
Reuters: Asia stocks supported by Wall St., but China drags
Asian stocks were supported on Thursday by robust corporate earnings that helped Wall Street quell concerns about the surge in U.S. bond yields. However, sagging Chinese shares limited the upside potential of the market. [more...]
Reuters: Skinny and sweet: U.S. refiner earnings depend on the oil diet
Smaller independent refiners with less complex facilities are surging in the stock market of late, as investors expect strong earnings growth thanks to the recent fall in price of their primary cost - light, sweet crude oil coming out of West Texas. [more...]
CNBC: Brexit: What is the customs union and why does it matter?
The latest Brexit battleground is over whether the U.K. should stay as a member of the European Union (EU) customs union. A vote in parliament over the arrangement's future takes place Thursday and, should it go against the U.K. government, the pressure will rise on the performance of Prime Minister Theresa May. [more...]
CNBC: ECB set to hold steady this week amid slower growth
The European Central Bank (ECB) is set to hold steady this week as recent economic indicators point towards a slowdown of the euro zone economy. Speculation is also rising that the ECB is considering pushing the end of its quantitative easing (QE) program further into the future. [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 Decline; U.S. Treasury Yield Steady: Markets Wrap
Asian equities dropped as technology shares came under earnings-related pressure and materials shares fell. Treasuries steadied after the global climb in yields that gripped markets early in 2018 made a comeback. [more...]
Bloomberg: Deutsche Bank Inadvertently Made a $35 Billion Payment in a Single Transaction
A routine payment went awry at Deutsche Bank AG last month when Germany’s biggest lender inadvertently sent 28 billion euros ($35 billion) to an exchange as part of its daily dealings in derivatives, according to a person familiar with the matter. [more...]
Bloomberg: The U.K. Just Went 55 Hours Without Using Coal for the First Time in History
Coal, which fueled the world’s biggest economies for more than a century, is increasingly losing out to renewables. The latest example of how one of the dirtiest fossil fuels is being squeezed out of the market came this week in Britain, which went for a record 55 hours without its any of its power plants producing electricity by burning coal. [more...]
Bloomberg: U.S. Stocks Decline on Tech Woes, Treasuries Slide: Markets Wrap
U.S. stocks fell for the first time in four days as technology shares came under pressure from trade and earnings concerns. Treasuries hit the lowest since February amid a wave of selling across European sovereign debt and inflation. [more...]
Bloomberg: As Bitcoin Plunged, These Crypto Hedge Funds Kept Making Money
Bitcoin’s terrible start to 2018 is highlighting the appeal of cryptocurrency hedge funds that make money in both bull and bear markets. Funds specializing in virtual currency market making and arbitrage strategies delivered first-quarter gains even as their mostly bullish peers lost 40 percent on average. [more...]
Bloomberg: Swiss Franc Weakens Below Key Level as BlackRock Stays Short
The franc weakened past 1.20 per euro for the first time since the Swiss National Bank removed its cap on the currency, providing relief to the nation’s policy makers who have been battling an overvalued exchange rate for the past decade. [more...]
Reuters: Asia tech shares spooked by phone warning, oil near highs
Asian shares slipped on Friday as a warning on smartphone demand from the world’s largest contract chipmaker slugged the tech sector, while high oil prices stirred inflation fears and undermined sovereign bonds. [more...]
Reuters: Japan warns G20 protectionism will disrupt markets
Japan has warned its G20 counterparts that protectionism and exchange of retaliatory measures will disrupt financial markets and heighten volatility. [more...]
CNBC: Protectionism is a 'historical mistake,' Spain's new finance minister says
Spain joined several other countries in voicing its opposition against rising trade tariffs and other protectionist attitudes. Speaking to CNBC Thursday, Roman Escolano, the recently appointed finance minister of Spain, said that Madrid is not enjoying some decisions that are destabilizing global free trade. [more...]
CNBC: Bitcoin 'miners' are losing money at any price below $8,600: Morgan Stanley
If bitcoin can't recover $8,600 soon, bitcoin "miners" will likely find it unprofitable to keep creating the cryptocurrency, Morgan Stanley analysts said. [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: Stocks Push Higher With Oil, Dollar Pares Advance: Markets Wrap
Asian stocks climbed to the highest in a month and measures of volatility continued to drop amid optimism that global growth can weather any impact from trade tensions. The dollar pared gains and oil extended its rise. [more...]
Bloomberg: Down $1 Trillion, World’s Worst Stocks Near Make-or-Break Level
In a Chinese stock market infatuated with round numbers, 3,000 has emerged as the latest fixation for investors trying to gauge the government’s commitment to ending a nearly $1 trillion selloff. [more...]
Bloomberg: AI-Powered Drug Developer Hits $2 Billion Valuation, Plans Hires
Benevolent AI, a London-based startup that’s using artificial intelligence to discover new drugs, has received $115 million in additional funding to hire more people and expand its focus to new diseases. [more...]
Bloomberg: Oil Rise May Keep India Stocks in Check, $4 Billion Manager Says
While Indian equities have been pinched this year by internal and external concerns including the threat of a global trade war, rising crude oil poses a bigger danger, according to Tata AIA Life Insurance Co. [more...]
Bloomberg: Investors Are Getting Worried About an Inverted Yield Curve
To Citigroup Inc., the chances are slim that the U.S. enters a recession anytime soon. Officials at the Federal Reserve feel the same way. Yet both camps agree that an inverted Treasuries yield curve would be an ominous sign for growth. [more...]
Bloomberg: It's Back to Days of Melt-Up Elation for Stock Volatility Gauges
The days when investors were enthusing over a “melt-up” in global equities disappeared quickly in the turmoil of early February. The corresponding record spike in the VIX disappeared almost as fast. [more...]
Bloomberg: Crypto Founder Tweets From Beach, Investors Fear for Their Cash
Investors in cryptocurrency startup Savedroid are wondering whether the founder ran off with their money, the site has been hacked, or if it’s all part of an elaborate joke. A South Park meme with big, block letters saying "And It’s Gone," was the only thing on the company’s website on Wednesday. [more...]
Bloomberg: Bitcoin Whale Sightings Are Leaving Cryptocurrency Traders Jumpy
Occasional sighting of Bitcoin whales are leaving advocates of the biggest cryptocurrency anxious after what’s already been a choppy week of trading. Sudden market swings in the cryptocurrency this week have left price charts looking like a jack-o-lantern’s smile. [more...]
Reuters: Oil near late-2014 highs as Saudi backs higher prices, U.S. crude stocks decline
Oil prices rose on Thursday to their highest since the end of 2014 as U.S. crude inventories declined and as top exporter Saudi Arabia pushes for higher prices by continuing to withhold supplies. [more...]
CNBC: Global debt is at historic highs and governments should start cutting levels now, the IMF says
Global debt hit its highest levels ever and governments should take actions to reduce their indebtedness while the going is still good, the International Monetary Fund said. [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