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 Mixed; Dollar Slips Before Jackson Hole: Markets Wrap
Asian stocks traded mixed Friday as U.S.-China trade negotiations produced no breakthrough, while the dollar slipped ahead of an address from Federal Reserve chairman Jerome Powell. [more...]
Bloomberg: Will the Market Crash If Trump Is Impeached? Here's What Analysts Say
How seriously should people take Donald Trump’s claim that stocks would crash if he were kicked out of office? As you mull over an answer, consider what someone in the other party would say. [more...]
Bloomberg: Elon Musk Hires Morgan Stanley to Help Take Tesla Private
Elon Musk has hired Morgan Stanley to assist him in his potential bid to take Tesla Inc. private, according to a person familiar with the matter. [more...]
Bloomberg: U.S.-China Talks Draw a Blank, Bringing Fresh Tariffs Into View
The trade war between the U.S. and China is primed to escalate after their governments failed to make progress in two days of talks. The two sides had met with low expectations for this week’s meetings and no further talks had been scheduled, a person familiar with the discussions said. [more...]
Bloomberg: Australian Dollar May Be En Route to 70 Cents
Australia’s dollar is seen dropping to a more than two-year low of 70 U.S. cents as infighting in the ruling party threatens to create policy paralysis. The Aussie tumbled as much as 1.5 percent Thursday as Prime Minister Malcolm Turnbull fought to stave off a challenge from the conservative wing of his own party.  [more...]
Bloomberg: Hong Kong Intervenes Again to Defend Peg as Dollar Advances
Hong Kong intervened again to defend its currency peg as the greenback rallied after U.S.-China trade talks yielded no progress. The Hong Kong Monetary Authority bought HK$1.77 billion ($225 million) during New York trading hours on Thursday, according to the de facto central bank’s page on Bloomberg.  [more...]
Bloomberg: South Africa Says Trump's Land Tweet Serves to Polarize Debate
South Africa’s Department of International Relations and Cooperation said it met with a representative from the U.S. Embassy and expressed its disappointment with Washington’s failure to use available diplomatic channels about land reform in the country. [more...]
Bloomberg: Venezuela Currency Chaos So Bad, There's an App to Lop Off Zeros
Confused by Venezuela’s re-denomination of the bolivar this week, which lopped off five zeros from the currency to cope with a bout of hyperinflation? There’s an app for that. [more...]
Reuters: Asia slips after U.S.-China trade talks end without progress
Asian stocks fell on Friday after U.S.-China trade talks ended without progress and market focus shifted to a speech by the Federal Reserve chairman for fresh clues on the direction of U.S. monetary policy. [more...]
Reuters: Exclusive: China to keep hitting back at U.S. over trade, to boost government spending - finance minister
China will keep hitting back at Washington as more U.S. trade tariffs are imposed, but its counter-strikes will remain as targeted as possible to avoid harming businesses in China - whether Chinese or foreign, Finance Minister Liu Kun said. [more...]
CNBC: US industry leader on tariffs: 'Prices will go up, sales will go down, jobs will be lost'
U.S. tariffs on Chinese imports will simply mean that American consumers have to pay higher prices for products down the road, an industry association leader said on Friday. [more...]
CNBC: Why the 4-day workweek might be closer than you think — and the 10 careers best suited to it
How would you like a four-day workweek? It may sound like a trick question, but it could become an increasingly common one as employers look for alternative ways to attract staff and boost productivity. [more...]

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.
Image
Latest News Headlines
Bloomberg: Dollar Jumps Ahead of Jackson Hole; Stocks Mixed: Markets Wrap
The dollar rallied for the first day in six as investors awaited a meeting of global central bankers after the Federal Reserve signaled no change to its pace of monetary policy tightening. Asian stocks traded mixed. [more...]
Bloomberg: U.S., China Impose New Tariffs on Each Other as Talks Resume
The U.S. and China imposed fresh tariffs on each other’s goods in the middle of trade talks aimed at averting the worsening conflict between the world’s two biggest economies. [more...]
Bloomberg: How Australian Political Turmoil Is Impacting Markets Down Under
Investors, like voters, have seen this all before. Yet another Australian leadership crisis.
That’s meant markets from bonds to stocks have by and large shown resilience ahead of calls Thursday for another vote to choose a successor to Prime Minister Malcolm Turnbull.  [more...]
Bloomberg: September Set Up Nicely for U.S. Momentum Rally, Nomura Says
A combination of seasonality and a tax calendar effect sets up September for a potentially strong rally in U.S. momentum stocks, according to Nomura Holdings Inc. [more...]
Bloomberg: Facebook Investors Who Bought the Historic Dip Aren’t Seeing a Quick Recovery
For five years, buying the dip in Facebook Inc. as its value soared by half a trillion dollars has been one of the stock market’s surest bets. Right now, it isn’t working. [more...]
Bloomberg: Wall Street Isn’t Ruling Out a Trump Move to Weaken the Dollar
The United States of America, a currency manipulator? It’s a label more frequently slapped on developing export economies and one that President Donald Trump took up just this week to browbeat China and Europe in his increasingly pitched trade war. [more...]
Bloomberg: A Currency Black Market Quickly Re-Emerges in the Streets of Caracas
Venezuela’s epic 95 percent currency devaluation was in part an attempt, it appeared, to squash the black market where most people have bought and sold dollars for years. [more...]
Reuters: U.S.-China trade war escalates as new tariffs kick in
The United States and China escalated their acrimonious trade war on Thursday, implementing punitive 25 percent tariffs on $16 billion worth of each other’s goods, even as mid-level officials from both sides resumed talks in Washington. [more...]
Reuters: World Bank launches world-first blockchain bond
The World Bank has priced the world’s first public bond created and managed using only blockchain in a A$100 million ($73.16 million) deal designed to test how the technology might improve decades-old bond sales practices. [more...]
CNBC: It's going to take a lot more for the stock market to start caring about Trump's legal woes
President Donald Trump may have legal headaches, but they are unlikely to stall the bull market, unless revelations from the ongoing special counsel investigation tie him directly to a Russian plot to sway the 2016 election or cause a Democratic sweep of Congress in November. [more...]
CNBC: Saudi Arabia denies reports that it's scrapping Aramco IPO
Saudi Arabia on Thursday denied reports that the kingdom has scrapped plans to list shares of state-owned energy giant Aramco on stock exchanges. [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 Shrug Off Cohen Plea; Dollar Steadies: Markets Wrap
Stocks in Asia traded mixed and U.S. futures pared losses as traders digested the news of President Donald Trump’s longtime lawyer pleading guilty to federal charges. The dollar steadied and Treasuries ticked higher. [more...]
Bloomberg: U.S. Stocks Hit Record; Yen, Bonds Pare Losses: Markets Wrap
U.S. stocks climbed, sending the S&P 500 Index to an intraday record, as investors speculated the Trump administration would ease trade tensions with China. The yen and Treasuries pared losses after President Donald Trump’s longtime lawyer pleaded guilty to federal charges. [more...]
Bloomberg: The Longest Market Rally in History? Take a Closer Look
According to a loose consensus, bull markets are rallies that go beyond 20 percent and are never interrupted by a 20 percent fall. In many corners of Wall Street, that means the S&P 500 rally that began in March 2009 will surpass all that went before it on Wednesday. [more...]
Bloomberg: Cryptocurrencies Climb as Market Watchers Cite Short Covering
Bitcoin jumped more than 5 percent in the span of a few minutes on Wednesday, pacing a rally in cryptocurrencies as market watchers cited potential short covering for the move. [more...]
Bloomberg: China GDP to Suffer If Trump Fires New Tariffs, Economists Say
The tariffs that the U.S. and China are threatening each other with will cause China’s economy to slow more sharply next year if they’re enacted, underscoring the high stakes nature of negotiations set to resume this week. [more...]
Bloomberg: JPMorgan Says U.S. Stocks Won’t Continue to Outperform
The recent outperformance in U.S. stocks relative to the rest of the world won’t continue, in part due to its unprecedented nature, according to JPMorgan Chase & Co. [more...]
Bloomberg: Pimco Veteran Says Recession Possible in as Early as Three Years
Pacific Investment Management Co. sees a 70 percent chance the world economy enters a recession over the next five years as ultra-loose monetary policy from the U.S. to Europe comes to a halt. [more...]
Bloomberg: How Bitcoin's Crash Compares to History's Biggest Bubbles
Bitcoin’s dramatic rise and fall has left many investors wondering whether the cryptocurrency is destined to enter the history books as one of the world’s biggest bubbles.  [more...]
Reuters: U.S., China to resume trade talks in Washington amid low expectations
U.S. and Chinese officials are set to resume contentious trade talks on Wednesday under the cloud of a prediction by U.S. President Donald Trump that there would be no real progress. [more...]
https://www.reuters.com/article/us-usa-trade-china/u-s-china-to-resume-trade-talks-in-washington-amid-low-expectations-idUSKCN1L70HR
Reuters: Business groups urge Trump, Erdogan to meet as dispute hits investments
U.S.-Turkey business groups on Tuesday warned that a political dispute between the NATO allies was affecting investor confidence and had forced some firms to suspend investment plans. [more...]
CNBC: Catastrophic day for Trump: Former campaign boss Paul Manafort and former lawyer Michael Cohen are now both felons
It's difficult to imagine a worse day in the presidency of Donald Trump than Tuesday, when two gripping legal dramas, one involving his former campaign chairman, Paul Manafort, and the other embroiling his longtime lawyer, Michael Cohen, collided in a surreal split screen crescendo. [more...]
CNBC: Trump: We are going to put a 25% tariff on every car from the European Union
President Donald Trump said Tuesday night that the U.S. would slap a 25 percent tariff on cars coming from the European Union. [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: The Pound May Have Fallen But Bulls Are Keeping the Faith
Even in this dark hour, the pound isn’t without allies. Sterling slumped more than 5 percent in the past three months, spurring a slew of forecast cuts by analysts amid rising risks that the U.K. will tumble out of the European Union without an economic deal. [more...]
Bloomberg: Dollar Extends Drop on Trump Remarks; Stocks Gain: Markets Wrap
The dollar extended a decline against major peers on comments from U.S. President Donald Trump, and most Asian stocks gained after U.S. equities flirted with record highs. [more...]
Bloomberg: Venezuela Adds to Chaos With One of Biggest Currency Devaluations Ever
Venezuelan President Nicolas Maduro carried out one of the greatest currency devaluations in history over the weekend -- a 95 percent plunge that will test the capacity of an already beleaguered population to stomach even more pain. [more...]
Bloomberg: Stealth Bear Market in International Stocks Rising Steadily
The week the bull market in U.S. stocks is said to become the longest ever, international investors could be forgiven for not raising a glass to their American counterparts. [more...]
Bloomberg: Rupiah Regains Most Volatile Crown as Traders Zero In on Deficit
Indonesia’s rupiah has regained the crown of being Asia’s most volatile currency. Concern about the nation’s widening current-account deficit has focused attention on the currency amid a global selloff in emerging markets. [more...]
Bloomberg: Trump Accuses China, EU of Currency Manipulation
President Donald Trump accused China and the European Union of manipulating their currencies as he tries to wrestle concessions from two of the U.S.’s largest trade partners. [more...]
Bloomberg: A Left-Wing Return in Brazil Is Investors' Worst Nightmare
When investors say they are concerned about the outlook for Brazil’s election, they’re mostly talking about just one thing: The possibility of a comeback for the Workers’ Party. [more...]
Reuters: Exclusive: Trump demands Fed help on economy, complains about interest rate rises
U.S. President Donald Trump said on Monday he was “not thrilled” with the Federal Reserve under his own appointee, Chairman Jerome Powell, for raising interest rates and said the U.S. central bank should do more to help him to boost the economy. [more...]
Reuters: Asian stocks up on hopes trade tensions ease, Trump comments hit dollar
Asian stocks rose on Tuesday, supported by hopes Beijing and Washington would dial back trade hostilities, though comments from the U.S. president about the yuan and Federal Reserve policy capped gains and weighed on the dollar. [more...]
CNBC: Gundlach warns record bond speculation could cause big move in interest rates
DoubleLine's Jeff Gundlach is warning that the record number of bets made in the futures market in favor of higher bond yields could "cause quite a squeeze." [more...]
CNBC: Microsoft uncovers more Russian attacks ahead of midterm elections
Microsoft said Tuesday it has uncovered new Russian hacking attempts targeting U.S. political groups ahead of the midterm elections. [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
CNBC: Greece ends nearly 10 years of bailouts — this is what it means
Monday is an historic day for Greece as nearly a decade of external financial help comes to an end.
The Syriza-led government has managed to end a third bailout rescue, implementing all the measures demanded by creditors, despite earlier doubts whether the inexperienced party would manage to complete the arduous task. [more...]
Bloomberg: Most Asian Stocks Rise; Dollar, Treasuries Steady: Markets Wrap
Most Asian equities climbed on Monday as traders held out hopes about developments in the trade war and ahead of a meeting of central bankers later in the week that may throw up clues on the outlook for markets. [more...]
Bloomberg: Burned by China Default, Korean Funds Have New Target: Qatar
South Korea’s yield-hungry investors who were spooked by a Chinese default are shifting their sights to the other end of the continent, to the Middle East. [more...]
Bloomberg: Elon Musk Defends Punishing Pace as Tesla Saga Enters Third Week
Elon Musk sees no option but to keep working at his current relentless pace, no matter the deepening concerns of board members and investors about his health and stability as he propels Tesla Inc. toward a possible rebirth as a private company. [more...]
Bloomberg: A ‘Socialist Hellhole’ Struggles to Keep Up With Booming Tourism
A country that was recently the target of a Fox Business monologue on the evils of socialism has become a magnet for tourists. [more...]
Bloomberg: Tariffs Will Hurt U.S. More Than Rest of World, Maersk Says
The U.S. economy will be hit many times harder than the rest of the world by an escalating global trade war, according the chief executive officer of A.P. Moller-Maersk A/S. [more...]
Bloomberg: Tesla Board Torn Between Service to Shareholders and Iconic CEO
Tesla Inc.’s board of directors is at a critical juncture, wedged between a larger-than-life figure to whom many are personally close and their larger responsibility to shareholders. [more...]
Bloomberg: China's Yuan Jumps to Strongest in a Week
The yuan strengthened for a third day in a row, rising to its highest in just over a week, as the People’s Bank of China raised its daily reference rate on the back of a weakening dollar. [more...]
Bloomberg: Venezuela's 95% Devaluation Adds to Chaos After Drone Attack
Venezuelan President Nicolas Maduro carried out one of the greatest currency devaluations in history over the weekend -- a 95 percent plunge that will test the capacity of an already beleaguered population to stomach even more pain. [more...]
Bloomberg: Hedge Funds Short Yen Poised for Pain as Techs Signal Strength
Dollar-yen is caught in a tug-of-war: on one side is the Japanese currency’s status as a global haven. On the other, a widening interest-rate differential with the U.S. [more...]
Reuters: Asia shares nudge up with yuan, wary on Sino-U.S. talks
Most Asian share markets crept cautiously higher on Monday as investors awaited developments on proposed Sino-U.S. trade talks and the Chinese yuan rallied away from alarming lows. [more...]
Reuters: Exclusive: Saudi PIF in talks to invest in aspiring Tesla rival Lucid - sources
PIF, the Saudi Arabian sovereign wealth fund that Tesla Inc (TSLA.O) CEO Elon Musk has said could help him fund a $72 billion deal to take his electric car maker private, is in talks to invest in aspiring Tesla rival Lucid Motors Inc, people familiar with the matter said on Sunday. [more...]
CNBC: Don't expect a 'grand bargain' from new US-China trade talks, expert says
The U.S. and China are meeting later this week in Washington to try to find some common ground in their escalating trade war, but don't expect a "grand bargain," according to an international trade scholar. [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