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 on Trade Volleys; Dollar, Oil Stable: Markets Wrap
Stocks in Asia put in a mixed session Thursday with Chinese equities again outperforming despite the ongoing tariff to-and-fro between China and the Trump administration. The dollar was steady, while oil held on to Wednesday’s losses. [more...]
Bloomberg: Saudi Arabia Says More Measures Coming as Trudeau Defends Stance
Saudi Arabia said it will continue to ratchet up pressure on Canada for criticizing the recent arrests of women activists, as Prime Minister Justin Trudeau upheld his stance on human rights. [more...]
Bloomberg: What Now for Saudi Arabia's Planned $2 Trillion Fund?
Saudi Arabia is now looking for Plan B to propel its sovereign wealth fund into the ranks of global giants. The initial plan was to raise at least $100 billion through an initial public offering of a small stake in Saudi Aramco, the state-owned oil company, in the second half of 2018. [more...]
Bloomberg: China Announces Date to Match $16 Billion U.S. Tariffs
China confirmed that it will impose 25 percent tariffs on an additional $16 billion worth of imports from the U.S. from Aug. 23, matching an earlier move from Washington in another ratchet higher for the trade war between the two nations. [more...]
Bloomberg: German Surplus, British Productivity, More Tariffs: Eco Day
As U.S. equities flirt with a fresh all-time high, the most optimistic strategist on Wall Street is doubling down on his view that the S&P 500 Index will soar 12 percent in less than five months. [more...]
Bloomberg: ‘Mystery’ Chinese Trades Fuel Aluminum's Biggest Gain Since May
Chinese traders are throwing their weight around in the aluminum market. On Wednesday, just when U.S. traders were settling in at their desks, counterparts on the other side of the globe were piling into the Shanghai Futures Exchange. [more...]
Bloomberg: Musk Mystery Enters Day 3 as Pressure to Show the Money Mounts
Wall Street and Washington have the same question for Elon Musk: Where’s the money? Two days after he vowed on Twitter that he had “funding secured” for a spectacular $82 billion deal to take Tesla Inc. private, he has offered no evidence to back up the statement. [more...]
Bloomberg: JPMorgan Says Trump May Sell Dollars as Weapon in U.S. Trade War
With the U.S. waging a trade war on several fronts, economists are starting to take seriously the idea that President Donald Trump could act on his preference for a weak dollar. [more...]
Bloomberg: Crypto’s $600 Billion Crash Hits a New Low
The 2018 selloff in cryptocurrencies plumbed new depths on Wednesday after the U.S. Securities and Exchange Commission dented enthusiasts’ hopes for a VanEck exchange-traded fund backed by Bitcoin. [more...]
Reuters: Chinese state media accuse U.S. of 'mobster mentality', vow to fight tariffs
Chinese state media on Thursday accused the United States of a “mobster mentality” in its move to implement additional tariffs on Chinese goods, and warned Beijing had all the necessary means to fight back. [more...]
Reuters: Oil prices rebound after heavy declines over trade dispute
Oil prices on Thursday eked out gains on concerns about Iranian crude supplies as the U.S. hit Tehran with renewed sanctions, halting the previous session’s declines amid the escalating China-U.S. trade dispute and worries over China’s demand. [more...]
CNBC: Chinese tariffs on US gas exports may shift the global market
China's threats of new tariffs on $60 billion worth of U.S. imports will create shifts in the energy market, as American liquefied natural gas makes the list of goods Beijing will target, analysts said. [more...]
CNBC: Cryptocurrencies: Regulating the new economy
A special report by CNBC explaining how cryptocurrencies are regulated around the world. [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
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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: Stocks Fall After New Trade Duties; Dollar Drops: Markets Wrap
European shares slipped on Wednesday, following a mixed session in Asia, as earnings misses and concern over global trade put a damper on markets. The dollar fell and China’s yuan gained after it central bank was said to seek currency stabilization. [more...]
Bloomberg: Musk Mulls Taking Tesla Private, Valuing Company at $82 Billion
Elon Musk said he’s considering taking Tesla Inc. private in a radical step that, if successful, would ease pressure on the money-losing automaker. The announcement, made initially via Twitter, stunned investors and sent Tesla’s stock price soaring as much as 13 percent. [more...]
Bloomberg: Turkey’s Cratering Markets Stoke Speculation Over Extreme Measures
Desperate measures are in the air in Turkey: Trading rooms are awash with talk of a bailout by the International Monetary Fund and potential capital controls. But there’s a vacuum at the core of economic policy making. [more...]
Bloomberg: Power Worth Less Than Zero Spreads as Green Energy Floods the Grid
Bright and breezy days are becoming a deeper nightmare for utilities struggling to earn a return on traditional power plants. With wind and solar farms sprouting up in more areas -- and their power getting priority to feed into the grid in many places -- the amount of electricity being generated is outstripping demand during certain hours of the day. [more...]
Bloomberg: Bitcoin Tumbles Below $6,500 on Delayed SEC Decision
Cryptocurrencies slumped Wednesday, with Bitcoin tumbling below $6,500 for the first time since July, after the U.S. Securities and Exchange Commission postponed a decision on whether to allow the listing of an exchange-traded fund backed by the largest digital currency. [more...]
Bloomberg: ABN Cuts 250 Investment Bank Jobs in Bid to Boost Returns
State-controlled ABN Amro Group NV is to cut 250 jobs in its underperforming corporate and institutional banking unit, in an effort to boost overall returns. The lender will pare back its activities in trade and commodity finance and other business in which earnings are volatile, ABN said on Wednesday. [more...]
Bloomberg: U.S. Readies to Slap Duties on $16 Billion of Chinese Goods
The U.S. said it will begin imposing 25 percent duties on an additional $16 billion in Chinese imports in two weeks, escalating a trade war between the world’s two biggest economies. [more...]
Bloomberg: Erdogan’s Road Map Out of Market Meltdown Is Full of U-Turns
Almost every prescription for Turkey to rescue its financial markets from meltdown, and its economy from the recession that looks increasingly likely to follow, involves the country’s president backing down. [more...]
Bloomberg: U.S. Midterms Pose Big Risk for Markets, Standard Chartered Says
Investors had better start paying more attention to November’s U.S. midterm elections, according to Standard Chartered Plc. As the campaign for control of Congress enters a crucial phase, Republicans defending seats in some of the most competitive races in the House of Representatives have more cash on hand than their Democratic challengers, a Bloomberg tabulation of Federal Election Commission reports shows. [more...]
Reuters: Asian shares up for fourth day on solid US earnings, China stimulus hopes
Asian shares extended their recovery into a fourth day on Wednesday, buoyed by strong U.S. earnings and expectations that Beijing will ramp up fiscal stimulus to cushion the impact of its worsening trade dispute with Washington. [more...]
Reuters: China's July exports rise more than expected despite U.S. tariffs
China’s exports growth unexpectedly accelerated in July despite fresh U.S. tariffs, while its trade surplus with the United States remained near record highs as Beijing and Washington ramped up a bitter dispute that has rattled financial markets. [more...]
CNBC: 'Dark cloud' of trade war hovers over Chinese yuan's globalization
The Chinese yuan's slide is creating challenging headwinds for Beijing's push to promote its currency globally — a key element in the broader liberalization of the world's second-largest economy. [more...]
CNBC: If you invested $1,000 in Alibaba when it went public, here's how much you'd have now
Alibaba is one of the most prominent Chinese technology names around the world and has a market value of about $463 billion. So far this year, its stock price has risen about 3.6 percent with shares hitting highs in June.  [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
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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
CNBC: Sterling could sink or soar 10% and is the ‘most interesting currency to trade,’ strategist says
The British pound is set for some major volatility at the start of next year due to ongoing Brexit negotiations, one currency expert told CNBC Tuesday. [more...]
Bloomberg: Asian Stocks Climb; Treasuries, Dollar Steady: Markets Wrap
Asian stocks rose Tuesday, though risk appetite remained subdued as earnings season continued. The dollar steadied and Treasuries were little changed. [more...]
Bloomberg: Saudi Slap at Canada Shows Crown Prince's Assertiveness
In less than a year, Saudi Arabia has curbed ties with two members of the Group of Seven nations as Crown Prince Mohammed bin Salman implements an increasingly assertive foreign policy. [more...]
Bloomberg: SoftBank Weighs the Largest Public Listing Ever
SoftBank Group Corp. is considering seeking a valuation of about $90 billion for its Japanese wireless business in a planned initial public offering, people familiar with the matter said. The shares rose the most in two months. [more...]
Bloomberg: Turkey Crisis Deepens as Sanctions Threat Sends Lira to Low
Turkey’s lira sank to a record low and bonds tumbled as heightened concern over a diplomatic spat with the U.S. overshadowed the central bank’s attempt to support the currency. [more...]
Bloomberg: Pandora Analysts Cut Ratings, Doubt CEO's Future After Warning
Pandora A/S analysts said they have lost faith in the company’s management after the jewelry maker cut its 2018 forecast without giving a reason for the poorer outlook. The warning prompted downgrades from Sydbank and Nordea, while Nordnet said trust in management “is gone, completely gone.” [more...]
Bloomberg: ‘Dangerous’ Pair of Valuation, Correlation Threatening Stocks
The current stock market environment of low correlations combined with high price-earnings ratios has historically suggested significant downside risk for U.S. shares, according to The Leuthold Group. [more...]
Bloomberg: Bitcoin Declines Below $7,000, Leading Cryptocurrency Retreat
Bitcoin slipped below $7,000 to its lowest level in three weeks, as seemingly positive sentiment surrounding the largest virtual currency soured over the weekend. [more...]
Bloomberg: Pound Bulls Look to U.K. Data in Hope to Revive Fortunes
The ailing pound may need a dose of positive U.K. data to help it recover from a losing run against the dollar.
Traders will watch data due this week in the hope that evidence of a strong economy will help boost the currency. [more...] 
Reuters: Chinese newspaper mocks Trump's claim of winning trade war as 'wishful thinking'
Chinese state media kept up their criticism of U.S. President Donald Trump’s trade policies, with a newspaper on Tuesday describing as “wishful thinking” Trump’s belief that a fall in Chinese stocks was a sign of his winning the trade war. [more...]
Reuters: Canada defiant after Saudi Arabia freezes new trade over human rights call
Canada on Monday refused to back down in its defense of human rights after Saudi Arabia froze new trade and investment and expelled the Canadian ambassador in retaliation for Ottawa’s call to free arrested Saudi civil society activists. [more...]
CNBC: The US and India are squaring off on trade. That spells trouble for Modi
India officially entered the ongoing global trade war in June when it announced retaliatory tariffs against Washington's steel and aluminum import duties. If implemented, the South Asian nation risks a targeted response from President Donald Trump's White House. [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

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Economic Calendar
NO SIGNIFICANT ECONOMIC EVENTS TODAY
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: Five Things You Need to Know to Start Your Day
All eyes on China amid a move to shore up yuan and as trade war tit-for-tat continues, North Korea sanctions being debated and markets set to open higher. Here are some of the things people in markets are talking about. [more...]
Bloomberg: European Stocks Drift After Mixed Session in Asia: Markets Wrap
European shares struggled for direction and U.S. equity futures eked out modest gains following a mixed session in Asia as China signaled it won’t flinch in a trade war. The dollar climbed and Treasuries held steady. [more...]
Bloomberg: Saudi Arabia Suspends Ties With Canada Over Activist Row
Saudi Arabia suspended diplomatic ties and new trade dealings with Canada in response to Canada’s call for the release of women’s rights activists -- a dramatic escalation that highlights the kingdom’s increasingly assertive foreign policy under Crown Prince Mohammed bin Salman. [more...]
Bloomberg: Jamie Dimon Warns of 5% Treasury Yields
Not content with a previous warning investors should brace for U.S. yields of 4 percent, Jamie Dimon went one further at the weekend, suggesting 5 percent was a distinct possibility. [more...]
Bloomberg: Iron Ore Surges, Copper Sags as Investors See Different Fortunes
It’s a tale of two metals that are fundamental to China’s outlook: while iron ore’s on a tear, copper is under heavy pressure. [more...]
Bloomberg: Lira Extends Longest Losing Streak Since May to Fresh Record Low
The Turkish lira fell against the dollar for a sixth day and government bonds dropped as a showdown with the U.S. over a detained American pastor continued to weigh on investor sentiment. [more...]
Bloomberg: Here Are Three Reasons to Short Australia's Dollar
Optimism that Australia’s dollar has found a bottom may be premature. The currency looks set to take another leg down as the U.S.-China trade war worsens and the outlook deteriorates for Australia’s major export earner iron ore.  [more...]
Reuters: Trump's trade 'extortion' won't work, China state media says
Chinese state media on Monday lambasted U.S. President Donald Trump’s trade policies in an unusually personal attack, and sought to reassure investors anxious about China’s economy as growth concerns battered its financial markets. [more...]
Reuters: Oil rises as Saudi output dips, U.S. drilling stalls
Oil prices rose on Monday after Saudi crude production registered a surprising dip in July and as American shale drilling appeared to plateau. [more...]
CNBC: Fed member James Bullard challenges the idea that recession is inevitable
Federal Reserve member James Bullard told CNBC that traders should not be waiting for an "inevitable recession" and spoke of a solid outlook for the U.S. economy. [more...]
CNBC: Europe's largest bank tops expectations with rebounding profit
HSBC, Europe's largest bank, made a comeback by beating estimates in its financial results for the first half of 2018 — following a surprise fall in profits in the first quarter. [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: Yuan Extends Drop; Stocks Ending Rough Week Mixed: Markets Wrap
Asian stocks were mixed on Friday, ending the worst week for the region’s shares since March, amid ongoing trade tensions. The yuan extended losses to reach fresh lows, while Japanese yields edged lower after a tumultuous week for the bond market. [more...]
Bloomberg: Tech Leads Stock Rebound as Oil Gains With Dollar: Markets Wrap
Tech companies led gains in U.S. stocks on favorable earnings reports as Apple Inc.’s market value reached $1 trillion. The dollar climbed with oil. [more...]
Bloomberg: Apple Becomes First U.S. Company to Hit $1 Trillion Value
Apple Inc. became the first U.S.-based company with a market value of $1 trillion, four decades after it was co-founded by Steve Jobs in a Silicon Valley garage and later revolutionized the worlds of computing, music and mobile communications. [more...]
Bloomberg: Hawkish Fed, Weak Yuan Signal More Trouble Ahead for Emerging Markets
If you thought the first half of the year was rocky for emerging market economies, brace for turbulence ahead with dollar strength and a weaker Chinese currency set to keep investors on edge. [more...]
Bloomberg: Investors Want Australia's Gold Producers to Buy Their U.S. Rivals
Gold producers in Australia are outperforming their global competitors, prompting investors to encourage them to expand their horizons and acquire struggling North American rivals. [more...]
Bloomberg: RBS Lays Out Plan to Resume Dividends a Decade After Bailout
Royal Bank of Scotland Group Plc investors have had a long wait, but a decade after the financial crisis the government-owned bank finally gave concrete plans to resume dividends. [more...]
Bloomberg: To Trump's Chagrin, Trade Standoff Helps Power Dollar Higher
Just two weeks after U.S. President Donald Trump lamented how the dollar’s strength is reducing America’s competitive edge, the administration’s latest trade threats are paving the way for further greenback gains. [more...]
Bloomberg: The 1% Threat in Japan That Has Global Bond Markets on Edge
With investor attention firmly on the spike in the Japanese 10-year yield this week, officials at the U.S. Treasury and France’s Agence France Trésor, will be looking at the longer end of the curve -- with trepidation. [more...]
Reuters: Asia stocks capped, dollar at two-week high as trade war dents confidence
Asian stocks inched up on Friday following a tech-led rise on Wall Street, although the latest exchange of trade threats between Beijing and Washington capped gains and drove safe-haven flows to the dollar, which hovered near a two-week high. [more...]
Reuters: Strong U.S. job growth expected in July, tariffs yet to bite
U.S. companies likely maintained a strong pace of hiring in July, suggesting that the robust economy was helping the labor market to weather trade tensions, which could allow the Federal Reserve to raise interest rates again in September. [more...]
CNBC: If you invested $1,000 in Apple 10 years ago, here’s how much you’d have now
Apple shares hit a historic $1 trillion market cap value on Thursday, becoming the first public U.S. company to ever reach the milestone. The stock briefly hit the $207.05 per share price that was needed to bring Apple to the $1 trillion mark before retreating, CNBC reports. [more...]
CNBC: The first company to ever reach $1 trillion in market value was in China and got crushed
Before Apple hit $1 trillion in market value Thursday, there was Chinese oil giant PetroChina, which reached the milestone more than a decade ago. It did not fare too well after that. [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