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: Bitcoin Extends Rally, Tops $8,000 for First Time Since May
Bitcoin’s rebound continued Tuesday as the largest cryptocurrency climbed past the $8,000 level for the first time in two months, leading a revival among digital currencies which have been under pressure for much of this year. [more...]
Bloomberg: Zombie Crypto Stocks Resurface as Bitcoin Stages July Recovery
Crypto stocks, the darlings of late last year that quickly lost their luster, may be rising from the dead. Scores of small firms rebranded with blockchain at the end of 2017 to boost their share prices, only to see their market values languish when the Bitcoin bubble burst. [more...]
Bloomberg: Stocks Advance; Yuan Slides to Lowest in a Year: Markets Wrap
Stocks in Asia climbed Tuesday on further signs of a shift by China toward monetary expansion and as rising yields boosted financial shares. The yuan tumbled to the lowest against the dollar in more than a year. [more...]
Bloomberg: China Unveils New Measures to Aid Growth Amid Trade Uncertainty
China unveiled a package of policies to boost domestic demand as trade tensions threaten to worsen the nation’s economic slowdown, sending stocks higher. [more...]
Bloomberg: Tesla’s Call for Suppliers to Refund Cash ‘Reeks of Desperation’
When a company asks suppliers to retroactively give money back, it’s a sign that something has gone wrong. That’s what analysts worry about with Tesla Inc., which has asked suppliers to return a portion of payments for parts they’ve delivered going back to 2016.  [more...]
Bloomberg: Turkish Lira Traders Brace for Higher Rates or Market Rout
Turkish policy makers will have to step up to the plate and raise interest rates on Tuesday to restore credibility or face a market rout. Turkey’s lira and bonds have rebounded from record lows earlier this month on speculation the country’s central bank will look past President Recep Tayyip Erdogan’s calls for lower borrowing costs when it sets policy on Tuesday.  [more...]
Bloomberg: Trump’s Tweets Aren’t Expected to Hold Down the Dollar
When it comes to the dollar and President Donald Trump’s signals that he’d prefer it to be weaker, as the Rolling Stones sang, “You Can’t Always Get What You Want.” [more...]
Bloomberg: Volatility's Coming for Your Summer Break as Headwinds Build
A yuan slump, a correction in commodity markets, Trump broadsides against the Fed, a trade war, and fresh Italian risk. For Voya Asset Management in New York, they’re headwinds threatening to disrupt the summer break. [more...]
Reuters: China shares hit one-month high on stimulus hopes, bonds tire
Shanghai shares led Asia higher on Tuesday as China touted fiscal action to support the world’s second largest economy, while stellar results from internet giant Alphabet underpinned the tech sector generally. [more...]
Reuters: Oil prices drop on worries about oversupply
Oil prices extended declines into a second session on Tuesday as attention shifted to the risk of oversupply, with market participants shrugging off escalating tensions between the United States and Iran. [more...]
CNBC: Alphabet jumps after big earnings beat
Google parent company Alphabet just reported its second quarter earnings and the stock popped after-hours on a big bottom-line beat on estimates. [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: Yen Climbs as BOJ in Focus; Asian Stocks Mixed: Markets Wrap
The yen climbed and Japanese government bonds slid on speculation that the Bank of Japan may debate some fine tuning in its stimulus policy. Asian stocks were mixed. [more...]

Bloomberg: China’s Stealth Yuan Devaluation Catching Trump’s Attention
For more than a month, China seemed to be enjoying the advantage of exchange-rate depreciation without the global backlash and panicky capital outflows that accompanied the bout of yuan weakening in 2015. Then Donald Trump took issue. [more...]

Bloomberg: Five Things You Need to Know to Start Your Day
The world’s biggest economies warn of fallout from the trade war, which threatens to spill into currencies after Trump comments roiled markets. Here are some of the things people in markets are talking about today. [more...]

Bloomberg: Currency War Erupts, Threatening to Ripple Across Global Markets
The currency war has arrived. So say some of the best and brightest in the $5.1 trillion-per-day foreign-exchange market. U.S. President Donald Trump on Friday accused China and the European Union of “manipulating their currencies and interest rates lower.”  [more...]
Bloomberg: Trump Warns Iran’s Rouhani to ‘Never, Ever Threaten’ the U.S.
U.S. President Donald Trump launched a new broadside against Iran, warning of unspecified “consequences” if counterpart Hassan Rouhani continues threatening America. [more...]
Bloomberg: Emerging Markets at Mercy of Falling Yuan as Currency War Looms
China’s yuan is back at the top of emerging-market investor worries as the deepening standoff between the U.S. and China over trade threatens to evolve into a currency battle. [more...]
Bloomberg: Bank of Japan Offers Unlimited Bond Buying After Yields Jump
A dramatic morning in Japan’s debt market saw yields surge on media reports of possible changes to the nation’s ultra-loose monetary policy, spurring the central bank to offer to buy an unlimited amount of bonds at a fixed-rate operation. [more...]
Bloomberg: Flailing Euro Is Unlikely to Find Any Succor From ECB Meeting
The euro has been treading water. It is unlikely to find a rescuing hand from the European Central Bank, whose policy makers meet this week. While analysts expect the shared currency to strengthen as the year progresses, conviction in that view is shaky, with strategists having pared their calls recently.  [more...]
Reuters: Asian stocks ease, dollar near two-week lows on Trump comments
Asian shares dipped on Monday on fears of more protectionist measures from the United States while the dollar declined against major currencies after U.S. President Donald Trump criticized the Federal Reserve’s tightening policy. [more...]
Reuters: Dollar under pressure on Trump comments, yen up on prospect of BOJ tweaks
The dollar slumped against major peers on Monday, knocked lower by U.S. President Donald Trump’s comments on the greenback’s strength while the yen spiked on reports Japan’s central bank is debating moves to reduce its massive monetary stimulus. [more...]
CNBC: Ryanair says summer fares weaker than expected, warns of more strikes
Ryanair on Monday warned that average fares would be lower than expected during its key summer period due to high competition, unusually hot weather in Northern Europe and uncertainty caused by a series of strikes. [more...]
CNBC: The pitfalls of selling a ‘shared ownership’ property in London’s sluggish market
I’m trying to sell my two-bedroom apartment in London and it’s becoming a bit of a nightmare as the capital’s property market continues to see demand decline. [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: JPMorgan Says Record-Breaking Bull Market Could Run Until 2020
It looks like the decade-long bull market in U.S. stocks has more room to run, albeit with less vigor. That’s the latest view from JPMorgan Chase & Co.’s asset management team, which forecasts U.S. equities could continue to gain for 2 1/2 more years as about half of the indicators the bank analyzes suggest that markets are mid-cycle rather than late cycle.  [more...]
Bloomberg: Asia Stocks Climb as Yuan Losses Ease; Dollar Dips: Markets Wrap
Stocks in Asia reversed losses and the yuan recovered its drop amid signs of intervention from Chinese authorities looking to stem the currency’s weakness. [more...]

Bloomberg: Stocks Fall; Dollar Whipsawed by Trump Fed Comment: Markets Wrap
The dollar swung between gains and losses and Treasuries strengthened after President Donald Trump criticized the Federal Reserve for raising interest rates. U.S. equities finished lower for the first time in three days as financial shares led declines. [more...]

Bloomberg: Yuan's Fallout for Markets Means No Summer Lull for Traders
The market turmoil spurred by the Chinese yuan’s tumble to a one-year low is putting traders on alert during the normally sleepy Northern hemisphere summer. [more...]

Bloomberg: No End in Sight for Commodity Crash With Charts Sending Bear Signals
The Bloomberg Commodity Index has tumbled about 10 percent from a high in May amid mounting concerns that a trade war could derail global growth, curbing demand for everything from aluminum to soybeans. [more...]

Bloomberg: Draghi Will Just About Raise ECB Interest Rate Before Retiring
Mario Draghi will squeeze in one interest-rate increase before his term as European Central Bank president ends next year, according to a Bloomberg survey of economists. [more...]

Bloomberg: Yen May Trigger ‘Strong’ Rally in Japanese Stocks: JPMorgan
Japan’s currency is increasingly trading in tandem with American stocks, in a correlation that resembles moves in September 2017, which presaged a surge in Japanese shares, according to JPMorgan Chase & Co. [more...]
Reuters: Asia stocks unnerved by yuan slide, heightened trade war fears
The Chinese yuan skidded to one-year lows on Friday, unnerving investors in Asian stock markets and stoking concerns Beijing’s currency management could become the next flash point in a fierce trade dispute with the United States. [more...]
Reuters: U.S. weekly jobless claims hit more than 48-and-a-half-year low
The number of Americans filing for unemployment benefits dropped to a more than 48-1/2-year low last week as the labor market strengthens further, but trade tensions are casting a shadow over the economy’s outlook. [more...]
CNBC: Higher oil prices are threatening the future of a once-burgeoning financial sector
Higher oil prices this year have reduced the need for energy-exporters in the Middle East to raise funds through the Islamic bond market — threatening the growth of a niche finance sector that has been struggling to gain wider traction. [more...]
CNBC: Trump: I'll be Vladimir Putin's 'worst enemy' if US-Russia relationship 'doesn't work out'
President Donald Trump vowed Thursday that if his dealings with Russian leader Vladimir Putin don't "work out, I'll be the worst enemy he's ever had." [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: FX Traders Pivot to Tactical Bets as Old-School Strategies Flop
Currency traders are switching up their playbooks as some of the most time-tested strategies are fizzling in the $5.1-trillion-a-day market. Momentum, carry and value bets have delivered lackluster returns in foreign exchange this year, prompting some money managers to shelve them in favor of event-driven and niche positions.  [more...]
Bloomberg: Stocks Mixed in Listless Asia Session; Yuan Dips: Markets Wrap
Stocks in Asia put in a mixed performance as summer breaks appeared to put a damper on trading volumes. The yuan slid as China signaled it was comfortable with the currency’s recent retreat. [more...]
Bloomberg: Google Fined Record $5 Billion by EU, Given 90 Days to Stop ‘Illegal Practices’
Google received a record 4.3 billion-euro ($5 billion) antitrust fine from the European Union and was ordered to change the way it puts search and web-browser apps onto Android mobile devices. [more...]
Bloomberg: Yen Haven Status Damped by Japan Foreign Stock Buying
An increase in Japan’s appetite for risk assets overseas is having an outsized impact closer to home -- on the traditional safe haven status of the yen. [more...]
Bloomberg: Powell Says Cryptocurrencies Aren't Big Enough to Pose a Threat
Federal Reserve Chairman Jerome Powell made it clear that the explosive growth in digital money isn’t very high on his list of concerns. [more...]
Bloomberg: Awkward: Goldman, Morgan Stanley Both Rush Podium for M&A Trophy
Wondering which Wall Street firm is unequivocally the world’s top dealmaker? Maybe don’t ask a banker. Once again, more than one of the industry’s leading firms is grabbing the trophy for the most successful.  [more...]

Bloomberg: Oil Trades Below $69 as Investors Weigh Mixed Inventories Report
Oil traded below $69 a barrel as investors tried to gauge demand growth in the world’s biggest economy following conflicting data on U.S. stockpiles. [more...]

Reuters: Asian shares rise on U.S. earnings but trade worries rattle yuan
Asian shares extended early gains on Thursday as upbeat Wall Street earnings buoyed global investor sentiment, although trade war jitters pushed China’s yuan to fresh one-year lows in both the onshore and offshore markets. [more...]
Reuters: EU's Moscovici warns of hit to markets if trade tensions escalate
A further escalation in trade policy tensions between the European Union and the United States would hit financial markets and hurt both sides, said European Commissioner for Economic and Financial Affairs Pierre Moscovici. [more...]
CNBC: Virtual banking is set to shake up Hong Kong
Hong Kong, long a global leader in banking and finance, is bracing for the arrival of so-called virtual banks — financial institutions without physical branches where all transactions are online. [more...]
CNBC: Former Trump advisor Steve Bannon: 'We're at war with China'
Steve Bannon, former top advisor to Donald Trump, said Wednesday that the U.S. has been embroiled in a trade conflict with China for decades. [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 Gain After Powell; Dollar Extends Advance: Markets Wrap
Most Asian stocks advanced after an upbeat assessment on the U.S. economy from Federal Reserve Chairman Jerome Powell comforted investors wary of a blowout in protectionism. [more...]
Bloomberg: Amazon Suffers Tech Crash and Strikes During Prime Day
Amazon.com Inc. kicked off its big Prime Day sales promotion with technical glitches on its website and app, threatening its 36-hour sales extravaganza. [more...]
Bloomberg: Templeton, BlackRock Say Now's the Time to Buy Emerging Markets
Emerging markets are poised to rally after more than $7 trillion in stocks slid into bear territory, according to three of the world’s largest money managers. [more...]
Bloomberg: Powell's ‘For Now’ Caveat a Sign Fed Rate Hikes Not on Autopilot
Jerome Powell has a judgment to make on how hard monetary policy is biting down on the U.S. economy. The signal came from two words: “for now,” used by the Federal Reserve chairman as a caveat in his description on Tuesday of the central bank’s plan to “keep gradually raising the federal funds rate.” [more...]
Bloomberg: Treasury Yield Curve Is Heading for Inversion, Fund Managers Say
The Treasury curve is on a one-way trip to inversion. That’s the assessment of fund managers surveyed this month by Bank of America Merrill Lynch, which reported that investors’ expectations for curve steepening sank to the lowest level in more than seven years. [more...]

Bloomberg: After Scandal and Death, Two Alpine Banks Aim for Crypto Gold
Walk into Falcon Private Bank on the Pelikantrasse in central Zurich and you’re immediately struck by the giant photo of a woman crouched in the sprinter’s starting position, painted head-to-toe in gold. [more...]

Bloomberg: New York FX Traders Are More Bullish the Dollar Than Londoners
Depending on where you’re trading in the world, the sun might shine a little differently on certain currency pairs. [more...]

Reuters: Dollar's advance puts squeeze on gold, commodities
Asian share markets were mostly firmer on Wednesday as a bullish outlook from the head of the U.S. central bank buoyed the dollar, lifted Tokyo shares to a one-month top and sent gold to a one-year trough. [more...]
Reuters: Oil prices drop amid surprise jump in U.S. stockpiles
Oil prices dropped on Wednesday after an industry group reported that U.S. crude inventories rose last week, defying analyst expectations for a significant reduction. [more...]
Reuters: Fed's Powell: Years of strong jobs, low inflation still ahead
Federal Reserve Chairman Jerome Powell said on Tuesday he sees the United States on track for years more of steady growth, but was challenged in a congressional hearing by senators worried the Trump administration’s trade policies were already damaging businesses in their districts. [more...]
CNBC: The trade war is complicating China's efforts to fix its economy
The trade war with the U.S. couldn’t have come at a worse timing for China, which had just begun focusing "in earnest" on fixing problems with its economy, J.P. Morgan analysts said. [more...]
CNBC: Mastercard has a new patent that could allow bitcoin transactions on credit cards
Consumers might one day be able to charge their purchases on their credit cards using bitcoin as a currency. On Tuesday, Mastercard won a patent to protect a method that would manage "fractional reserves of blockchain currency." [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