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: Asia Stocks Mixed, Dollar Flat Before Fed Meeting: Markets Wrap
Asian stocks were mixed following a lackluster session in the U.S. as investors await the major central bank meetings this week, after shrugging at Tuesday’s North Korea summit. [more...]
Bloomberg: Bitcoin’s Collapse Accelerates, Falls to Lowest Since February
Bitcoin tumbled to its lowest level since February as the meltdown in the world’s largest digital currency accelerated, renewing concern about the long-term viability of the much hyped alternative to traditional currencies. [more...]
Bloomberg: U.S. Inflation Accelerates to Six-Year High, Eroding Wages
U.S. inflation accelerated in May to the fastest pace in more than six years, reinforcing the Federal Reserve’s outlook for gradual interest-rate hikes while eroding wage gains that remain relatively tepid despite an 18-year low in unemployment. [more...]
Bloomberg: Tesla Is Cutting About 9% of Workers on Musk's Profitability Push
Elon Musk has finally been forced to rethink his vaulting ambitions for Tesla Inc. The news Tuesday that Musk will dismiss more than 3,000 employees, or about 9 percent of the company’s workforce, underscored what many on Wall Street have been saying for months: Tesla has reached a pivotal moment.  [more...]
Bloomberg: Fed Dots in Focus as Market Awaits Rate Hike: Decision-Day Guide
Federal Reserve Chairman Jerome Powell has repeatedly played down the central bank’s “dot plot” as a guide to future interest rates, but Wall Street just won’t take the hint. [more...]
Reuters: Asian stocks step back as investors brace for Fed, eye trade row
Asian shares fell on Wednesday as investors braced for a Federal Reserve policy decision later in the day and any clues it might give on future rate hikes that could alter the course of global economic growth and corporate earnings. [more...]
Reuters: WTO chief warns of global downturn if trade dispute escalates
If the trade conflict between the United States and other countries intensifies, it could negatively impact the global economy and there are indications this is already happening, the head of the World Trade Organization warned in newspaper. [more...]
CNBC: Kim Jong Un appeared to score an 'A+' victory — Trump's work is 'incomplete'
North Korea's Kim Jong Un and President Donald Trump both celebrated Tuesday's historic summit as a victory. But many experts see Kim, having won a substantial concession from the world's largest economy while simultaneously gaining greater claims to legitimacy, as the real winner. [more...]
CNBC: 'We have a deal,' say Greece and Macedonia over name dispute
Greece and Macedonia have reached an historic accord to resolve a dispute over the former Yugoslav republic's name that has troubled relations between the two neighbors for decades. [more...]
Currency Strength Indicators
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​​​​​​​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 Mixed, Yen Down as History Made on Korea: Markets Wrap
Stocks in Asia meandered and the yen weakened as investors await the details of a "comprehensive" and historic document signed by U.S. President Donald Trump and North Korean dictator Kim Jong Un. [more...]
Bloomberg: The $1.4 Trillion U.S. ‘Surplus’ That Trump’s Not Talking About
The U.S. has a surplus of $20 billion with China and $1.4 trillion with the rest of the world. That’s not a normal trade balance, of course, where the U.S. registered an annual deficit of more than $330 billion with China and about $550 billion with the world last year, but an "aggregate sales surplus" which measures both direct trade and the sales of multinational companies, according to research by Deutsche Bank AG. [more...]
Bloomberg: Quant Funds Are Selling Stocks With Hidden Volatility Building
A record spike in equity volatility couldn’t get the quants to sell, but bubbling market stress below the surface has finally spurred them to offload. [more...]
Bloomberg: Chinese Investors Grow Wary of Australia as Tensions Rise
Chinese investors are turning cautious on Australia as a survey showed the No. 2 economy’s state-owned enterprises pulled back on deals for the first time in three years. [more...]
Bloomberg: Wary Investors Are Flying to China to Quell Default Fears
The surge in Chinese company bond defaults has overseas investors deciding they need to take a closer look.
Edmund Goh, an Asia fixed-income investment manager at Aberdeen Standard Investments, says he’s planning to take more trips to China to get intelligence that’s hard to gain from afar. [more...]
Bloomberg: Pakistan Devalues Its Currency for Third Time Since December
Pakistan’s central bank devalued the rupee for a third time since December amid a worsening economy and speculation the country will need support from the International Monetary Fund. [more...]
Reuters: Stocks, dollar rise as Trump says U.S.-North Korea summit 'really very positive'
The dollar jumped to a 3-week top on Tuesday and Asian shares rose as U.S. President Donald Trump said a summit meeting with North Korea’s Kim Jong Un had made “a lot of progress,” boosting hopes of a landmark deal to end a nuclear standoff on the Korean peninsula. [more...]
Reuters: With rate hike in the bag, focus turns to Fed's policy language
With the Federal Reserve virtually guaranteed to raise interest rates this week, investors are focused on how the U.S. central bank characterizes its monetary policy as borrowing costs return to more normal levels amid an ongoing economic expansion. [more...]
CNBC: Trump and Kim sign 'very comprehensive' document. Trump says details to come
U.S. President Donald Trump and North Korean leader Kim Jong Un on Tuesday signed an agreement to work toward complete denuclearization and lasting peace on the Korean Peninsula. [more...]
CNBC: China could come away a big winner from a US-North Korea peace deal
The milestone summit between North Korea's Kim Jong Un and President Donald Trump has major implications for China, which has geopolitical and security interests at stake on the Korean Peninsula. [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 Shrug Off G-7 Fallout; Dollar Steadies: Markets Wrap
Asian stocks pushed higher Monday, with limited fallout from a tumultuous G-7 meeting at the weekend. The dollar steadied and the yen retreated as President Donald Trump readied for his summit in Singapore Tuesday with North Korea’s Kim Jong Un. [more...]
Bloomberg: Brace for the World Economy’s Most Important Week of the Year
The world economy’s most important week of the year? That’s what Bank of America Corp. strategists asked clients in a report ahead of five days of presidential standoffs, trade tensions and central bank meetings. [more...]
Bloomberg: Cryptocurrencies Lose $46 Billion After South Korean Bourse Hack
A cryptocurrency exchange hack in South Korea jolted holders of digital assets, fueling a $46 billion selloff and extending this year’s Bitcoin slump to more than 50 percent. [more...]
Bloomberg: Where Britain Needs the Rest of Europe More Than Ever
As the U.K. government works to exit the European Union, the nation’s electric utilities are working to get closer. Power already flows between the U.K., France, Ireland and Northern Ireland through four interconnector cables, and work is under way to more than quadruple the capacity of those links.  [more...]
Bloomberg: Here’s What to Watch for When Trump and Kim Meet
President Donald Trump and North Korean leader Kim Jong Un begin their historic summit Tuesday in Singapore, a meeting that could lead to peace between countries that have technically been at war for 68 years -- or swiftly end in new recriminations. [more...]
Bloomberg: Pimco Flags Oil Risks as Funds Unimpressed by 8% India Yield
India’s benchmark bond yield jumped above 8 percent last week for the first time in three years. Even that isn’t enough to lure back some of the world’s biggest money managers. [more...]
Bloomberg: Emerging-Market Investors Await Fed as North Korea Meeting Looms
Emerging-market money managers are tiptoeing into Monday chastened by a week that saw two surprise interest-rate hikes, a market meltdown in Brazil, Argentina’s $50 billion loan rescue, rising fears of a trade war and the realization that the end is nigh for stimulus in Europe. [more...]
Reuters: 'Fair trade, fool trade', Trump vents anger on NATO allies, EU, Trudeau post-G7
U.S. President Donald Trump fired off a volley of tweets on Monday venting anger on NATO allies, the European Union and Canadian Prime Minister Justin Trudeau in the wake of a divisive G7 meeting over the weekend. [more...]
Reuters: Asia stocks shake off G7 jolt, U.S.-North Korea summit awaited
Asia stocks shook off initial modest losses and edged up on Monday ahead of an historic U.S.-North Korea summit that investors hope might pave the way to ending a nuclear stand-off on the Korean peninsula. [more...]
CNBC: Everything you need to know about Tuesday's US-North Korea summit
The first-ever meeting between sitting U.S. and North Korean leaders is set to happen in Singapore with potentially major consequences for Asia and the international community. [more...]
CNBC: Concerns rise that Trump won't press Kim Jong Un to immediately surrender nukes
Immediate denuclearization has long been Washington's stated goal on nuclear diplomacy with Pyongyang. But now that President Donald Trump has noticeably softened his tone on that front, many are wondering whether he will still pressure North Korea's Kim Jong Un next 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 Mixed on Trade Tension; Yen Declines: Markets Wrap
Asian stocks were mixed Friday, after the Trump administration’s tariffs on imports from key allies sent U.S. and European stocks into a tailspin and the dollar climbed against most major peers. The yen declined and Japanese bonds fell after the Bank of Japan cut purchases of some debt at its regular operations. [more...]
Bloomberg: Soros View on Global Crisis Is ‘Ridiculous,’ Morgan Stanley CEO Says
Morgan Stanley Chief Executive Officer James Gorman said that investor George Soros’s contention another major global crisis may be in store is unrealistic, and that the Federal Reserve will probably hike interest rates three more times in 2018 despite recent volatility. [more...]
Bloomberg: U.S. Allies Hit Back as Trump Revokes Steel Tariff Reprieve
America’s closest allies plan to slap billions of dollars in tit-for-tat tariffs on U.S. goods after the Trump administration announced it’s imposing steel and aluminum duties on them. [more...]
Bloomberg: Worst Month Ever in Italian Bonds Leaves Confidence in Tatters
Italian bonds may have bounced off this week’s stunning losses, but some of the biggest investors say the worst isn’t over. While the nation’s benchmark yields had biggest monthly jump in May since records began in 1993, they are “still pretty low” for Andrew Balls, chief investment officer for global fixed income at Pacific Investment Management Co.  [more...]
Bloomberg: A $142 Billion Fund Says Dollar Rally Done, Now EM Can Shine
The dollar’s run is ending, and it’s time to return to emerging market currencies after their two-month slump, according to AMP Capital Investors Ltd. [more...]
Reuters: U.S. job growth seen picking up, wage growth likely moderate
U.S. job growth likely accelerated in May as warmer weather boosted hiring at construction sites, but wage gains are expected to have remained marginal, pointing to moderate inflation pressures in the economy. [more...]
Reuters: Asia stocks recover from earlier losses, Europe seen firm
Asian equities recovered from early weakness on Friday as a lower yen supported Japanese stocks and firm exports boosted South Korean markets. Still, rekindled concerns about U.S. trade policies limited regional gains. [more...]
Reuters: Euro on course for weekly gain; U.S. tariffs hit Canadian dollar, peso
The euro seemed set to post its first weekly gain in seven weeks on Friday as worries over Italy’s political crisis eased, but the Canadian dollar and Mexican peso were looking frail after Washington went ahead with stiff tariffs on imported steel. [more...]
CNBC: Chinese stocks make symbolic debut on widely followed index
Close to 230 China A shares debuted on index provider MSCI's emerging markets benchmark on Friday, a move investors expect will attract billions of dollars in inflows to the mainland market. [more...]
CNBC: New Airbus chief says it will be challenging to meet delivery goals, memo shows
Airbus faces an unprecedented challenge in ramping up production to meet 2018 delivery targets following engine delays and must eventually overhaul an outdated manufacturing system, the planemaker's new president told staff on Friday. [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