Todays Markets

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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.

Todays Markets

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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.

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 Decline; Yuan Weakens as PBOC Eases Policy: Markets Wrap
China paced declines in Asian stocks and the yuan fell as investors assessed the latest move by the People’s Bank of China to loosen monetary policy. Chinese shares bore the brunt of selling as traders returned from a week-long holiday that encompassed the rout in Treasuries. [more...]
Bloomberg: China Faces a Bleaker End to 2018 as Central Bank Cuts Reserve Ratio Again
China’s central bank cut the amount of cash lenders must hold as reserves for the fourth time this year, as policy makers seek to shore up the faltering domestic economy amid a worsening trade war. [more...]
Bloomberg: Oil Drops on Saudi Assurance and Hopes for U.S. Waivers on Iran
Oil in London extended losses for a third day on signs that the potential impact of impending U.S. sanctions on Iranian supplies may be mitigated. Brent futures fell as much as 1.1 percent to below $84 a barrel, after retreating 2.5 percent over the past two sessions. Saudi Arabia can tap its spare production capacity immediately to offset any declines in Iranian crude exports.  [more...]
Bloomberg: Worst Week in Two Years Has India Stock Investors Taking Cover
The best-performing stock market in Asia for much of this year has lost that title in less than a month. As the S&P BSE Sensex Index sank into a correction Friday, posting its biggest weekly plunge in more than two years, investors began paying up to hedge against more declines. [more...]
Bloomberg: BOE's Haldane Will Be Tasked to Fix U.K.’s Poor Productivity
Andy Haldane, the Bank of England’s chief economist, will get the tricky job of working out how to address Britain’s productivity puzzle. Business secretary Greg Clark will name Haldane on Monday as chair of the new industrial strategy council, a body charged with overseeing delivery of the U.K.’s flagship economic policy, the Financial Times reported. [more...]
Bloomberg: From Blenheim to BlackRock, Here’s Why Everyone’s Bullish About Copper
As the metals world descends on London this week, it seems everybody has something in common: they’re all copper bulls. Speaking ahead of the annual LME Week gathering that starts Monday, more than a dozen commodity-focused hedge funds, trading houses, producers, banks and brokers were almost unanimously positive on the near-term outlook for the metal used in pipes and wires. [more...]
Bloomberg: U.S. Dollar Dependence Sets Markets for `Liquidity Crunch'
The current run-up in U.S. Treasury yields and the dollar poses a major stress test for a global financial system that has become even more dependent on the American currency since the last credit conflagration. [more...]
Bloomberg: Pound, Gilt Traders Face Ticking Clock to October EU Summit
The pound benefited in recent days from optimism that Britain and the European Union are getting closer to a Brexit deal, but this week could test that view. [more...]
Reuters: China shares weigh on regional markets despite central bank support
Shares in Asia slumped Monday as China’s markets stumbled in their first trading day after a one-week holiday even though Beijing’s central bank increased liquidity to offset the impact of an escalating trade dispute with the United States. [more...]
Reuters: Oil drops as U.S. considers granting some waivers on Iran crude sanctions
Brent crude oil prices fell more than 1 percent on Monday after Washington said it may grant waivers to sanctions against Iran’s oil exports next month, and as Saudi Arabia was said to be replacing any potential shortfall from Iran. [more...]
CNBC: China says it's not afraid of trade war with the US — its actions show Beijing is nervous
The decision by China's central bank to cut the amount of reserves held by banks is an indication that authorities in the world's second-largest economy are getting nervous about a long-drawn trade war with the U.S., experts said. [more...]
CNBC: Global dealmaking appetite falls to a four-year low amid Brexit, US-China trade fears, study says
Companies' appetite for mergers and acquisitions has fallen to a four-year low, with investment pressured by worries over Brexit and the U.S.-China trade battle, according to a study released on Monday. [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: Stocks in Asia Fall, Treasury Yields Extend Surge: Markets Wrap
Asian equities and currencies sank as a spike in U.S. Treasury yields to levels unseen since 2011 tests investors’ nerves. The climb in what’s effectively the world’s benchmark risk-free rate is challenging appetites for other assets. [more...]
Bloomberg: Amazon Warehouse Workers Lose Bonuses, Stock Awards for Raises
Amazon.com Inc. is eliminating monthly bonuses and stock awards for warehouse workers and other hourly employees after the company pledged this week to raise pay to at least $15 an hour. [more...]
Bloomberg: The Super-Rich Are Stockpiling Wealth in Black-Box Charities​​​​​​​
It’s all the rage in charitable giving -- and it’s actually got some charities worried. Donor-advised funds — money that grows tax-free in individual accounts — are reshaping the landscape of U.S. philanthropy.  [more...]
Bloomberg: Hedge Funds Cheer Tencent Stake in Chinese Video Streamer
Bilibili Inc. is earning its moniker as one of the more promising technology stocks to go public out of China this year, and hedge funds are cheering Wednesday’s rally. [more...]
Bloomberg: Focus on Quality to Avoid Trade War Bite, Says Fund Manager
The trade tussle between the U.S. and China has taught Arthur Kwong a lesson: focus on quality and forget about Asia’s investment fads. [more...]
Bloomberg: Shunning FAANG Paid Off for Stock Pickers in September
The resistance to chase gains in U.S. tech megacaps paid off big for stock pickers just one month after it stung them the most in nine years. [more...]
Bloomberg: ‘Uninvestable’ U.K. Stocks Are Bargains for These Fund Managers
One of Jim Clarke’s favorite words is ‘uninvestable.’ To the fund manager at Legg Mason Inc. unit Brandywine Global, the word is a signal to start looking for bargains.  [more...]
Bloomberg: Treasury Selloff Enters Second Day as 10-Year Yields Breach 3.2%
A rout in Treasuries extended into a second day as global investors priced in stronger U.S. economic growth and a faster pace of Federal Reserve rate hikes. Benchmark 10-year yields climbed above 3.20 percent for the first time since 2011 and the dollar strengthened. [more...]
Bloomberg: Turkish Inflation Near Record High in Erdogan Era on Lira
Turkey’s consumer inflation climbed to one of the highest levels since President Recep Tayyip Erdogan came to power 15 years ago, spurring calls for higher interest rates to rein in prices. [more...]
Bloomberg: Australian Dollar Delivers Rate Cut Central Bank Can’t Provide
Australia’s currency is set to head even lower as local interest rates fall further behind U.S. levels, delivering a dose of stimulus the central bank has long sought but been reluctant to provide itself. [more...]
Reuters: Traders bet on oil at $100 as Iran sanctions loom
Oil traders have piled into wagers that U.S. crude oil could surge to $100 a barrel by next year, a milestone that until recently many considered unthinkable due to record U.S. production growth and relatively flat global demand. [more...]
Reuters: Exclusive: Saudi Arabia, Russia agreed in September to lift oil output, told U.S.
Russia and Saudi Arabia struck a private deal in September to raise oil output to cool rising prices and informed the United States before a meeting in Algiers with other producers, four sources familiar with the plan said. [more...]
CNBC: China respects others' trade secrets — unless it wants something, experts say
The lack of intellectual property protections is one of U.S. President Donald Trump's major complaints about China.
With the world's two biggest economies fighting each other in a trade war, Beijing points to statistics showing it respects the rights of international firms. [more...]
CNBC: India's sluggish housing market may deteriorate further if the central bank hikes rates
India's housing market has struggled for growth in recent years and if the central bank raises interest rates this week, there could be a further slowdown in the sector, experts told CNBC. [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: Aston Martin IPO Prices James Bond Carmaker at $5.6 Billion
Aston Martin priced its U.K. initial public offering at 19 pounds ($24.66) a share, toward the bottom of a marketed range that it had already narrowed. [more...]
Bloomberg: Stocks in Asia Decline, Euro Pushes Higher: Markets Wrap
Asian stocks dropped as investors weighed continuing concerns in Indonesia and India and strength in commodity prices. The euro climbed on reports the Italian government trimmed its budget-deficit plans. [more...]
Bloomberg: U.S. Stocks Edge Lower, Dollar Gains With Metals: Markets Wrap
U.S. stocks ended an up-and-down session mostly lower as Amazon.com’s wage increase pressured retailers and small caps slumped to a two-month low as trade tensions eased. The dollar, Treasuries and commodities advanced. [more...]
Bloomberg: Tesla’s Model 3 Surge Marks a Big Step Toward Musk’s Profit Goal
Just days after federal authorities castigated Musk for his tweets about taking Tesla private, the company announced that it had hit its production target for its crucial Model 3 sedan, making more than 53,000 last quarter. [more...]
Bloomberg: The World's Worst Stock Market Is Not Cheap Enough to Buy
As the Philippine Stock Exchange Index dipped below 7,100 during Tuesday’s session, taking its valuation to its lowest level since January 2016, Metropolitan Bank & Trust Co. is among the firms that’s staying on the sidelines. [more...]
Bloomberg: When It Comes to Rates, What Are Central Banks Going to Do Next?
Global central banks are gradually withdrawing easy monetary policy a decade since they began racing to the rescue of a world economy skidding into recession. [more...]
Bloomberg: UBS Goes Overweight Two-Year Italian Debt After Budget Standoff
The recent clash between Italy’s populist government and the European Union over its ballooning budget deficit has created an attractive buying opportunity for shorter duration Italian sovereign debt, according to UBS Group AG. [more...]
Bloomberg: Oil Puts Rupee on Course to Outstrip Taper-Tantrum Losses
Move over taper tantrum. The Indian rupee looks set to outpace losses seen in 2013 as efforts by policy makers to stem its rout fall flat in the face of rising oil prices and relentless foreign outflows. [more...]
Bloomberg: Australian Dollar Delivers Rate Cut Central Bank Can’t Provide
Australia’s currency is set to head even lower as local interest rates fall further behind U.S. levels, delivering a dose of stimulus the central bank has long sought but been reluctant to provide itself. [more...]
Reuters: After lean years, Big Oil is under pressure to spend
Executives at the world’s biggest oil and gas companies are under growing pressure to loosen the purse strings to replenish reserves, halt output declines and take advantage of a crude price rally after years of austerity. [more...]
Reuters: Asia shares turn up, euro rebounds as reports temper Italian debt fears 
Asian shares reversed early losses while the euro rebounded from six-week lows on reports Italy will cut its budget deficit at a faster pace than expected, raising hopes Rome could stave off a problematic debt blow-out. [more...]
CNBC: : British prime minister to say UK's 'best days lie ahead' after Brexit - she just needs to convince her critics
U.K.'s Prime Minister Theresa May is to give a speech Wednesday designed to boost confidence over the country's future once it leaves the European Union (EU) – and to brush off her biggest critic and rival, former Foreign Secretary Boris Johnson. [more...]
CNBC: Ground transport at 760 mph: New hyperloop passenger pod unveiled
Elon Musk's dream of hyperloop travel is getting closer to reality. Hyperloop Transportation Technologies (HTT) unveiled its first full-size passenger capsule in Cadiz, Spain, on Tuesday. [more...]