Todays Markets

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: Jeff Bezos Becomes the Richest Man in Modern History, Topping $150 Billion
Jeff Bezos is the richest person in modern history. The Amazon.com Inc. founder’s net worth cracked $150 billion in New York on Monday, according to the Bloomberg Billionaires Index. That’s about $55 billion more than Microsoft Corp. co-founder Bill Gates, the world’s second-richest person. [more...]
Bloomberg: Stocks Mixed as Trade Concerns Persist; Yen Falls: Markets Wrap
Equities in Asia were mixed Tuesday as investors assess whether corporate earnings can deliver on high expectations against a backdrop of trade tensions. Treasuries and the dollar were steady ahead of testimony from Federal Reserve Chairman Jerome Powell. [more...]
Bloomberg: Powell to Cross Political Minefield as Trade War Clouds Outlook
Two of the biggest risks to Jerome Powell’s monetary policy -- trade tensions and loose fiscal policy -- are also the stickiest political traps he’ll try to avoid when he appears before lawmakers this week. [more...]
Bloomberg: Brexit U.K. Suffers Car-Sales Drop as Europe Flourishes
The U.K. is moving away from mainland Europe, and not just politically. Sales of new vehicles in Britain, the region’s second-biggest market, dropped 6.3 percent in the first half of this year, extending last year’s slide. The fall in demand runs counter to an uptick in sales for the continent. [more...]
Bloomberg: Robots Will Bolster U.K. Growth and Create New Jobs, PwC Says
Robots could destroy about 7 million existing U.K. jobs but create at least that many more over the next two decades, according to analysis by PricewaterhouseCoopers. [more...]
Bloomberg: Goldman Sachs Says U.S. Political Policy Stoking Oil Volatility
U.S. political decisions are helping make volatility the new normal in the global oil market and muddying the outlook for prices, according to Goldman Sachs Group Inc. [more...]
Blooomberg: Sovereign Wealth Fund Warning Light Is Flashing
Pension funds and insurers are being increasingly tempted to shift money out of publicly traded securities in pursuit of more lucrative private investments. But they should pay more heed to what the some of the largest pools of money are doing. [more...]
Bloomberg: Warnings of Market Complacency Are Growing Louder
A growing chorus of observers is saying that financial markets are too sanguine about the threat that a U.S.-instigated trade war poses to global output and asset values. [more...]
Bloomberg: UBS Abandons Call for Yuan Gain in '18; Trims China GDP View
UBS Group AG abandoned its forecast for the yuan to appreciate this year, anticipating that the trade war will continue to put pressure on the currency, hurt China’s economic growth and spur the country’s policy makers to unleash more liquidity. [more...]
Reuters: Asia stocks sag on oil's slide, dollar dips before Fed testimony
Asian stocks were mostly lower on Tuesday, with a sharp decline in crude oil prices weighing on energy shares, while the dollar dipped ahead of Federal Reserve Chairman Jerome Powell’s first U.S. congressional testimony. [more...]
Reuters: Strong U.S. retail sales lift second-quarter GDP estimates
U.S. retail sales rose solidly in June as households boosted purchases of automobiles and a range of other goods, cementing expectations for robust economic growth in the second quarter. [more...]
CNBC: Investment in energy fell again in 2017, raising fresh concerns about security and climate change
The amount of money flowing into the energy sector fell for a third straight year, raising concerns about the world's ability to provide enough power and tackle climate change, the International Energy Agency reported on Tuesday. [more...]
CNBC: Tech stocks set to sink on Tuesday after rough evening for ‘FANG’
Technology stocks are headed for a rough session on Tuesday after shares of Netflix, one of the momentum leaders of this bull market, tanked after earnings. Amazon shares fell as well. [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

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 Decline Amid Mixed China Economic Data: Markets Wrap
Asian stocks fell as mixed economic data in China failed to allay concern about the world’s second largest economy’s ability to the withstand the risks of a trade war. Crude slid and the yen traded near the weakest level since January. [more...]
Bloomberg: Iranian Official Urges Trump Not to Use U.S. Strategic Oil Reserve
A senior Iranian oil official urged U.S. President Donald Trump not to use the nation’s Strategic Petroleum Reserve to push prices lower, and instead drop sanctions on Iran’s crude exports. [more...]
Bloomberg: Five Things You Need to Know to Start Your Day
China to release a slew of economic data, the Trump-Putin summit gets underway, and markets assess if the recent rally in stocks can sustain itself. Here are some of the things that people in markets are talking about. [more...]
Bloomberg: Powell to Cross Political Minefield as Trade War Clouds Outlook
Two of the biggest risks to Jerome Powell’s monetary policy -- trade tensions and loose fiscal policy -- are also the stickiest political traps he’ll try to avoid when he appears before lawmakers this week. [more...]
Bloomberg: U.K. House Prices Fall as London Decline Intensifies
U.K. house prices fell for the first time in seven months as sellers adapted to the reality of the weaker market. Asking prices slipped 0.1 percent in July from a month earlier, property website Rightmove said on Monday. In London, prices slipped 0.5 percent, with smaller apartments falling faster than bigger homes. [more...]
Bloomberg: These Are the Hottest U.K. Stocks as Britons Bask in a Heatwave
Britons have enjoyed the longest heatwave in five years, and some U.K. stocks are set for a summer bonanza. As temperatures neared record highs, non-essential spending jumped 5.5 percent during the five weeks to June 23, the biggest year-on-year gain since October 2016, according to analysts at Barclays Plc. [more...]
Bloomberg: Emerging Market Sell-Off Is Only Going to Get Worse, Survey Says
With the Federal Reserve still boosting interest rates and President Donald Trump still raising tariff threats, the bottom for emerging markets remains some way away, market players say. [more...]
Reuters: Asian shares fall on soft China data, trade war fears
Asian shares fell on Monday as new data showed China’s economy slowed slightly in the second quarter, compounded by fears of a full-scale Sino-U.S. trade war looming over markets. [more...]
Reuters: Oil prices ease on potential supply hikes; Trump-Putin eyed
Oil prices fell on Monday as concerns about supply disruptions eased and Libyan ports resumed export activities, while traders eyed potential supply increases by Russia and other oil producers. [more...]
Reuters: Dollar pauses near six-month top ahead of big economic indicators
Major currencies held around recent ranges on Monday thanks to a lull in China-U.S. trade skirmishing and as investors await key data from the world’s two biggest economies to determine whether global growth is running out of puff. [more...]
CNBC: This is the 'biggest bubble in the history of mankind and it's going to burst,' Ron Paul says
Look to the stock market and you’d assume Wall Street was doing just fine. The S&P 500 has come back to March highs, the Dow is back to positive for 2018, and the Nasdaq is at fresh records. [more...]
CNBC: US intelligence report outlines what Putin may want from Trump at Helsinki meeting
Before President Donald Trump and Russian President Vladimir Putin meet on Monday for their first official dialogue, a U.S. intelligence assessment has outlined for the U.S. president the areas where Moscow and Washington have competing interests, and where they could potentially find middle ground. [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

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
CNBC: President Trump says Boris Johnson would 'make a great prime minister'
President Donald Trump claimed in an interview with The Sun that Prime Minister Theresa May's current Brexit strategy risks killing a trade deal with the U.S. The president said May ignored his advice for Brexit negotiations and instead "probably went the opposite way." [more...]
Bloomberg: Stocks Halt Four-Week Slide in Asia; Pound Drops: Markets Wrap
Asian stocks are set for the first weekly advance in five as trade tensions appeared to ease after China refrained from detailing retaliation plans against threatened U.S. tariff increases. The pound slipped on the latest woes from the Brexit quagmire. [more...]
Bloomberg: Trade War Sparks Mounting Concerns of Growth Risks: Economy Week
The trade war between the U.S. and China is continuing to intensify, leaving some worried about the potential consequences for global growth. Here’s our weekly wrap of what’s going on in the world economy. [more...]
Bloomberg: Some Analysts See the Pound Climbing Above $1.40 After May's Brexit Plan
Theresa May’s Brexit blueprint has given pound bulls some much-needed comfort. The U.K. prime minister’s push for a so-called soft Brexit, which envisions maintaining a close economic partnership with the European Union, is good for sterling, according to Deutsche Bank AG.  [more...]

Bloomberg: London’s Hottest Properties Are Urban Warehouses
Nevermind West End shopfronts and Mayfair offices. The big money in London real estate is chasing small warehouses. Rents for the dwindling amount of industrial space inside cities are soaring as online retailers like Amazon.com Inc. seek local hubs to cut delivery times. [more...]

Bloomberg: Billionaire Steven Cohen Invests in Crypto Hedge Fund
Billionaire Steven Cohen has invested in a hedge fund focusing on cryptocurrencies and blockchain-based companies, according to a person familiar with the matter. [more...]

Bloomberg: Emerging Market Sell-Off Is Only Going to Get Worse, Survey Says
With the Federal Reserve still boosting interest rates and President Donald Trump still raising tariff threats, the bottom for emerging markets remains some way away, market players say. [more...]
Bloomberg: Fed's Powell Says the U.S. Economy in ‘Good Place’ But Trade Is a Risk
Federal Reserve Chairman Jerome Powell gave an upbeat assessment of the U.S. economy but warned a sustained period of high tariffs on a wide variety of imports could be harmful to growth. [more...]
Reuters: Asian shares extend rebound but trade fears dog China stocks
Most Asian share markets rose on Friday, heartened by gains on Wall Street fueled by expectations of strong U.S. earnings, but China’s markets wobbled as investors braced for the impact of broadening, tit-for-tat Chinese-U.S tariffs. [more...]
Reuters: Oil prices mixed, but set for big weekly falls
Oil prices were little changed on Friday as markets digested big swings earlier in the week that have left both major benchmarks facing a second weekly loss and largely shrugged off a warning about tightness in spare capacity. [more...]
CNBC: New tariffs threatened by the US would be more harmful to China than the first batch, says bank CEO
The proposed U.S. tariffs on an additional $200 billion in Chinese goods would hit the world’s second-largest economy more severely than the previous custom duties did, according to the chief executive of Southeast Asia’s largest bank. [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

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 Recover After Trade List Angst; Yen Falls: Markets Wrap
Asian stocks rose Thursday after a bruising selloff the previous day, despite lingering concerns around the U.S. and Chinese trade war that show little sign of abating. The yen declined and crude oil steadied after its biggest plunge in two years. [more...]
Bloomberg: Trade War Kills Currency Volatility, Leaves Analysts Flummoxed
While the U.S. and China have been exchanging blows over tariffs in recent weeks, swings in major developed-market currencies have remained muted, and opinion is divided about what might constitute a haven if tensions escalate.  [more...]
Bloomberg: Stocks Quants Are Reeling From the Worst Run in 8 Years
The dog days of summer have arrived for quants. Systematic traders who tie their fortunes to the ebbs and flows of stock markets are experiencing some of their worst returns in eight years relative to a key benchmark, according to one Wall Street estimate. [more...]
Bloomberg: China, U.S. Hint at Chance for Talks After Trump's Tariff Threat
Chinese and U.S. officials have raised the prospect of resuming talks over trade between the two nations after President Donald Trump ratcheted up the pressure by announcing a huge new round of potential tariffs. [more...]
Bloomberg: Mobius Says Trade War Is Just a Warm-Up Act for Financial Crisis
For Mark Mobius, there may be worse to come even after the U.S. fired new shots in its trade war with China: a further 10 percent drop in emerging-market stocks and a global financial crisis. [more...]
Reuters: Stocks, commodities recover after latest trade war jolt
Stocks and commodities recovered slightly on Thursday as markets tried to consolidate from the previous session’s steep losses when fears of an escalation in the U.S.-China trade war jolted investor sentiment. [more...]
Reuters: Goodbye inverted yield curve? Fed looks for alternative signals to guide policy
Federal Reserve officials are scouring new niches of the financial markets to find signals accurate enough to warn the central bank when it is time to stop hiking interest rates before they risk tipping the economy into a recession. [more...]
Reuters: China vows to hit back over U.S. proposal for fresh tariffs
China accused the United States of bullying and warned it would hit back after the Trump administration raised the stakes in their trade dispute, threatening 10 percent tariffs on $200 billion of Chinese goods in a move that rattled global markets. [more...]

CNBC: 'The US is on track to lose this trade war,' economist Stephen Roach says
The U.S. and China are aged in the early innings of a trade war, and prominent economist Stephen Roach says it's the United States that's on track to lose. [more...]

CNBC: China slams 'US extortion tricks,' digs in heels as it vows to aid businesses hurt by tariffs
Even as Beijing vows more retaliation in the trade war against Washington, there are measures being taken by the communist government to help cushion the blow from earlier tariffs amid signs China is willing to dig in its heels further. [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

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 Decline as Trump Reloads the Tariff Bazooka: Markets Wrap
Stocks in Asia declined with U.S. equity futures, industrial metals and China’s yuan after the Trump administration released the biggest list yet of Chinese goods it may hit with tariff increases, a move that China said will force it to retaliate. [more...]
Bloomberg: Elon Musk Defends Mini Submarine Left Unused in Thai Cave Rescue
Elon Musk’s efforts to aid in the rescue of 13 people trapped in a Thai cave were ultimately unneeded, but the billionaire is confident his “kid-size submarine” could be used at some point in the future. [more...]

Bloomberg: Bitcoin Bull Sticking With $25,000 Price Target for 2018
This year’s cryptocurrency sell-off has done nothing to dent the optimism of Fundstrat Global Advisors head of research Thomas Lee. Already one of Wall Street’s most outspoken Bitcoin bulls, Lee is sticking with his year-end forecast of $25,000, more than 270 percent above current levels.  [more...]

Bloomberg: Here's How Markets Are Reacting to Trump's Latest Trade Salvo
Global markets already caught in the crossfire of Donald Trump’s escalating trade conflict with China took yet another hit Wednesday after the U.S. pushed ahead with plans to impose tariffs on an additional $200 billion in Chinese goods. [more...]

Bloomberg: Bill Gross's Slumping Fund Sees $580 Million of Outflows This Year
Investors pulled a total of about $580 million from Bill Gross’s bond fund in the first half of this year and he turned in the worst performance among his peers during the period. [more...]
Bloomberg: Trump's Tariff List Targets High-Tech Minerals That U.S. Needs
Given the Trump administration’s stated aim of slowing China’s progress in matching U.S. manufacturing prowess, there are some curious inclusions on Wednesday’s list of new tariffs. [more...]
Bloomberg: Global Markets Are Shaking Off China’s Flashback to 2015
Investors are having flashbacks to 2015-16 amid fears over China’s industrial complex while the nation gets dragged into a trade war. But markets are unlikely to be revisited by the deflationary monster of years past. [more...]
Reuters: U.S. ups China trade war ante, threatens tariffs on $200 billion of goods
The Trump administration raised the stakes in its trade dispute with China, threatening 10 percent tariffs on a list of $200 billion worth of Chinese imports, sending stocks lower and prompting Beijing to warn it would be forced to respond. [more...]
Reuters: U.S. job quits rate hits 17-year high; labor market tightening
More American workers voluntarily quit their jobs in May, government data showed on Tuesday, a sign of confidence in the labor market that economists say will soon boost wage growth. [more...]
CNBC: Trade war escalates: How China will get hit by Trump's latest offensive
Tuesday's threat from the U.S. of a round of 10 percent tariffs on an additional $200 billion worth of Chinese imports could deliver a major blow to China's export sector if it takes effect. [more...]
CNBC: Start-up exec says his call for $60,000 bitcoin is still possible this year
Major cryptocurrencies may be off their December highs on the price front, but developments on the regulatory and infrastructure front continue to move ahead. [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