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: Carney Warns No-Deal Brexit Would Mean Rate Hikes, 35% House-Price Fall
Bank of England Governor Mark Carney told senior government ministers that a no-deal Brexit would probably see interest rates rise rather than fall, according to people familiar with the matter. [more...]
Bloomberg: Stocks Rally, Dollar in Worst Week Since February: Markets Wrap
Asian stocks extended a rally after their recent battering drove valuations to a two-year low, following a technology-supported advance in U.S. equities. The dollar held declines after U.S. inflation unexpectedly cooled in August. [more...]
Bloomberg: JPMorgan Predicts the Next Financial Crisis Will Strike in 2020
How bad will the next crisis be? JPMorgan Chase & Co. has an idea. A decade after the collapse of Lehman Brothers sparked a plunge in markets and a raft of emergency measures, strategists at the bank have created a model aimed at gauging the timing and severity of the next financial crisis.  [more...]
Bloomberg: Amazon's Bezos Launches $2 Billion Fund to Help the Homeless
Jeff Bezos and his wife, MacKenzie Bezos, launched a $2 billion fund to help homeless families and create a network of nonprofit preschools in low-income communities. [more...]
Bloomberg: These May Be the World’s 10 Riskiest Housing Markets
Housing market dangers are “especially acute” in Australia, Hong Kong, Canada and Sweden, Oxford Economics said, noting this has historically posed a threat to economic activity. [more...]
Bloomberg: Shiller Says U.S. Stocks Could Go A Lot Higher Before They Fall
Near-record U.S. stocks still have scope to zoom to new highs, according to Robert Shiller, the Nobel laureate who’s famed for his analysis of asset-price bubbles and who last year warned that the market was over-priced. [more...]
Bloomberg: Mystery of the $2 Billion Bitcoin Whale That Fueled a Selloff
When Bitcoin plunged as much as 15 percent over two days last week, a theory emerged -- where else? -- on the Internet: a whale was on the move. Speculation mounted that a major holder of cryptocurrency with an electronic wallet that dated back to 2011 -- long before anyone had heard of HODL -- was moving to sell. [more...]
Reuters: China says world trade system not perfect, needs reform
The current world trade system is not perfect and China supports reforms to it, including to the World Trade Organization, to make it fairer and more effective, Beijing’s top diplomat said. [more...]
Reuters: Turkish lira eases after hefty central bank rate hike
The Turkish lira eased on Friday, a day after the central bank raised its benchmark rate by 625 basis points in the biggest such increase in President Tayyip Erdogan’s 15-year rule. [more...]
CNBC: 'We will regret it' when Trump's tariffs hurt China's growth, says former US commerce secretary
Washington will regret its trade dispute with Beijing when U.S. tariffs end up slowing down China's economy significantly, said former U.S. Commerce Secretary Carlos Gutierrez. [more...]
CNBC: China will not 'surrender' to US demands in trade talks — state media
China will not buckle to U.S. demands in any trade negotiations, the major state-run China Daily newspaper said in an editorial on Friday, after Chinese officials welcomed an invitation from Washington for a new round of talks. [more...]

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: Crypto’s 80% Plunge Is Now Worse Than the Dot-Com Crash
The Great Crypto Crash of 2018 looks more and more like one for the record books. As virtual currencies plumbed new depths on Wednesday, the MVIS CryptoCompare Digital Assets 10 Index extended its collapse from a January high to 80 percent.  [more...]
Bloomberg: Asian Stocks Snap Losing Run; Dollar Pares Losses: Markets Wrap
Asian equities advanced Thursday, putting them on track to end the longest losing streak in 16 years, after news of potential U.S.-China trade negotiations. The dollar pared a decline and China’s yuan held gains. [more...]
Bloomberg: Tech Decline Overrides U.S.-China Trade Optimism: Markets Wrap
U.S. stocks were mixed as a slump in technology and financial shares offset optimism that trade talks with China will resume before the Trump administration imposes another round of tariffs. Crude oil posted its best two-day increase since June. [more...]
Bloomberg: Wall Street's Alarm on Trade Spreads With Goldman's Bear Warning
While U.S. equity investors have kept their cool during this year’s escalation of trade tensions, the warnings from Wall Street are only getting louder. Goldman Sachs Group Inc. and JPMorgan Chase & Co. have weighed in, highlighting the potential danger to corporate America if a full-blown trade war erupts.  [more...]
Bloomberg: The `Hindenburg Omen' Is Stalking Near-Record U.S. Stock Market
Warnings from Wall Street are coming thick and fast as U.S. stocks sit near all-time highs. The latest, from Sundial Capital Research Inc., points to a (controversial) group of potentially bearish technical signals known as the Hindenburg Omen. [more...]
Bloomberg: Super Typhoon Prompts Philippine Evacuations, Hong Kong Braces
A powerful typhoon is expected to make a landfall in the Philippines’ main Luzon island on Saturday, prompting authorities to place 17 areas on alert and start evacuations. [more...]
Bloomberg: Rupee Surges Most in 18 Months as India Plans Steps to End Rout
India’s rupee rallied the most in 1 1/2 years and stocks recovered after an official said the government may announce measures to support the currency after a planned review of the economy by Prime Minister Narendra Modi this weekend. [more...]
Reuters: U.S. invites China to trade talks as tariffs loom
The Trump administration has invited Chinese officials to restart trade talks, the White House’s top economic adviser said, as Washington prepares to further escalate the U.S.-China trade war with tariffs on $200 billion worth of Chinese goods. [more...]
Reuters: Fed says it whipped U.S. unemployment, maybe too well
U.S. Federal Reserve officials tout a decade of falling unemployment as among their major victories in fighting the economic crisis of 2007 to 2009. [more...]
CNBC: ECB expected to stick to its policy stance amid steady inflation
The European Central Bank (ECB) is expected to stick to its policy stance at their upcoming meeting on Thursday as inflation does not seem to accelerate and growth remains solid. [more...]
CNBC: Apple raised iPhone prices overall, but one new model could entice those who sat out last year's X
On Wednesday, Apple did something clever with pricing on its new iPhones. It made the cutting-edge technology it introduced in last year's iPhone X available at a much lower price, which could help it sell more iPhones to people who sat out last year's high-end. [more...]

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 in Asia Decline; Oil Jumps on Hurricane: Markets Wrap
Stocks in Asia fell as investors assessed the outlook for global growth with no end in sight for trade tensions. Oil prices jumped as a potentially devastating hurricane headed for the American east coast. [more...]
Bloomberg: Florence Gets Bigger as It Heads Toward North Carolina Coast
Florence is expanding on its relentless advance toward North Carolina, promising to deliver days of drenching rain from what may be the most powerful hurricane to hit the state in 64 years. [more...]
Bloomberg: China Stocks Near Four-Year Low as Support Attempts Lack Punch
China’s policy makers are stuck with the most bearish equity market in years as their attempts to lift sentiment fail to gain traction. The Shanghai Composite Index slid Wednesday to within 10 points of its lowest intraday level since 2014. [more...]
Bloomberg: As Emerging Markets Sneeze, Developed World Immunity Now Doubted
As the sell-offs in Turkey and Argentina spread to other emerging markets, doubts that developed markets can retain their immunity are getting louder. [more...]
Bloomberg: Trump Tariffs Spark Industry Campaign to De-Escalate Trade War
Trade associations representing farmers, retailers and manufacturers are joining forces in a new multi-million-dollar campaign to oppose President Donald Trump’s tariffs, in the latest attempt by U.S. business to stop an escalating trade war. [more...]
Bloomberg: Rupee at Record Low Puts RBI Under Pressure to Curb Rout
India has a currency problem and it’s not going away anytime soon. A current-account deficit at a five-year high, elevated oil prices and an emerging-market sell-off conspired to push the rupee to below 72 per dollar last week, taking its decline since the beginning of the year to almost 12 percent, the worst performer in Asia. [more...]
Bloomberg: Brazil Assets Slump as Left Advances One Month Ahead of Election
Brazilian markets dropped as a poll showed left-wing candidates gaining support while those favored by investors stalled out with less than a month to go until the presidential election. [more...]
Reuters: As Trump embraces more tariffs, U.S. business readies public fight
After months of waging a behind-the-scenes war against President Donald Trump’s trade tariffs that have escalated far beyond what business groups once imagined, more than 60 U.S. industry groups are launching a coalition on Wednesday to take the fight public. [more...]
Reuters: EU's Juncker wants bigger global role for euro
European Commission President Jean-Claude Juncker will call for the EU to promote the euro as a global currency to challenge the U.S. dollar as he presents his annual program to the European Parliament on Wednesday, a senior EU official said. [more...]
CNBC: Apple will probably lower iPhone prices on Wednesday — here's why
Apple made a big bet last year that it could convince you to spend $1,000 or more on a new iPhone. It sounded like a crazy move after people spent 10 years spending $650 or so on a new device, but Apple's gamble worked. [more...]
CNBC: Asia markets fall, spooked by an escalation of trade tensions between the US and China
Asia markets fell to 14-month lows on Wednesday afternoon on the back of news that China will be making a request to the World Trade Organization to impose sanctions on the U.S. [more...]

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: Barnier sends sterling to a five-week high on Brexit deal hopes
Sterling surged against the dollar and euro on Monday after the European Union's chief negotiator said a Brexit deal was "realistic in six to eight weeks". [more...]
Bloomberg: Stocks in Asia Mixed; Japan Gets Lift From Yen: Markets Wrap
Stocks in Asia traded mixed Tuesday as investors awaited fresh developments on the trade-war front. With U.S. yields on the rise again, a weakening yen gave Japanese stocks a boost. [more...]
Bloomberg: Goldman Bear-Market Risk Indicator at Highest Since 1969: Chart
A Goldman Sachs Group Inc. indicator designed to provide a “reasonable signal for future bear-market risk” has risen to the highest in almost 50 years. [more...]
Bloomberg: Florence Aims for U.S. East Coast as 1 Million Told to Leave
Florence continued to move toward the U.S. East Coast, poised to become the strongest hurricane in almost 30 years to hit the Carolinas as more than 1 million people began fleeing the American coastline.[more...]
Bloomberg: Crypto Wipeout Deepens to $640 Billion as Ether Leads Declines
The cryptocurrency bear market plumbed a fresh 10-month low on Monday as Bitcoin’s biggest rival tumbled and U.S. regulators suspended trading in two securities linked to digital assets. [more...]
Bloomberg: Funding for ICOs Drops to the Lowest in 16 Months
Is the initial coin offering boom over? Startups raised just $326 million in August, the smallest amount since May 2017, according to data complied by Autonomous Research. That compares with about $3 billion on average during the first three months of the year. [more...]
Bloomberg: Alibaba's New Boss: The Finance Vet Who Quietly Shook Things Up
Stewardship of Asia’s most valuable company is passing to a financial wizard who has led the company’s effort to drag the traditional retail industry into the 21st century. [more...]
Bloomberg: Rupee Tumbles to New Record as India Scrambles to Halt Decline
The Indian rupee and bonds sunk after the current-account deficit widened to the most in five years, as an emerging-market rout raises investor scrutiny of countries with worsening balance of payments.[more...]
Reuters: China vows to respond if U.S. takes new steps on trade
China will respond if the United States takes any new steps on trade, the foreign ministry said on Monday, after President Donald Trump warned he was ready to slap tariffs on virtually all Chinese imports into the United States. [more...]
Reuters: Oil firm as Iran sanctions loom, but U.S. seeks to prevent supply shortfall
Oil was steady on Tuesday, supported by looming U.S. sanctions against Iran’s petroleum industry. [more...]
CNBC: Russia and China are looking at launching joint projects worth more than $100 billion
A group composed of Russian and Chinese businesses is considering 73 joint investment projects cumulatively worth more than $100 billion, according to a Tuesday statement. [more...]

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 as Trade in Focus; Dollar Steady: Markets Wrap
Asian stocks were mixed at the start of the week as investors digested President Donald Trump’s threat to escalate the trade war with China. The dollar held gains and Treasuries ticked lower as a rise in U.S. wages bolstered the prospects for further interest-rate hikes. [more...]
Bloomberg: Five Things You Need to Know to Start Your Day
Trade war looks likely to intensify, watching out for key monetary policy decisions, and Asian stocks look set to fall at the start of the week. Here are some of the things people in markets are talking about today. [more...]
Bloomberg: Jack Ma to Hand Alibaba's Helm to CEO Daniel Zhang Next Year
Alibaba is heralding the end of the Jack Ma era. A former English teacher who helped found Alibaba Group Holding Ltd. two decades ago, Ma outlined plans to hand the executive chairman role to Daniel Zhang, a finance veteran who’s presided over an ambitious expansion and won over investors in three years as chief executive officer. [more...]
Bloomberg: Tesla Erupts in Chaos After Senior Execs Leave, Musk Tokes Up
The turmoil at Tesla Inc. has reached a fever pitch, with the news that two senior executives are leaving Elon Musk’s electric-car maker emerging hours after he smoked marijuana during a podcast interview streamed live online. [more...]
Bloomberg: Crypto Wipeout Deepens to $640 Billion as Ether Leads Declines
The cryptocurrency bear market plumbed a fresh 10-month low, led by a tumble in Bitcoin’s biggest rival. Ether slumped 9.5 percent from its level at 5 p.m. New York time on Friday, according to Bloomberg composite pricing. Bitcoin lost 2.5 percent. [more...]
Bloomberg: Crypto Growth Nears `Ceiling,' Ethereum Co-Founder Buterin Says
The days of explosive growth in the blockchain industry have likely come and gone now the average person is aware of its existence, according to Vitalik Buterin, co-founder of Ethereum. [more...]
Reuters: Asian shares on slippery slope as Trump ups ante in trade war
Asian shares started the week in the red on Monday, faltering for the eighth straight day while the dollar climbed as U.S. President Donald Trump raised the stakes in the heated trade dispute with China. [more...]
Reuters: Oil climbs as U.S. drilling stalls, Washington sanctions against Iran loom
Oil prices rose on Monday as U.S. drilling for new production stalled and as the market eyed tighter conditions once Washington’s sanctions against Iran’s crude exports kick in from November. [more...]
CNBC: US-China trade war worries are 'overdone,' says CLSA CEO
Worries about the U.S.-China trade war are overdone because the impact on China will not be as immediate and challenging as many investors expect, according to the chief executive of a widely followed investment group. [more...]
CNBC: There's no leadership challenge against the UK's prime minister, top government official says
Despite renewed criticism of the U.K. prime minister's approach to Brexit negotiations, the majority of the Conservative Party still supports Theresa May and her efforts to take the country out of the European Union (EU), a senior member of the U.K. government told CNBC on Sunday. [more...]
CNBC: 'Once-in-a-lifetime discovery' of gold reportedly delivers more than $10 million in four days
A rare discovery of gold deposits in Western Australia has unearthed more than 15 million Australian dollars ($10.66 million) in four days, Australia's ABC News reported. [more...]