Archive for month: January, 2019
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
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Bloomberg: Where Currency Analysts Think the Pound Will Go Next
The pound may be holding ground after U.K. Prime Minister Theresa May’s Brexit victory in Parliament, but some in the market say investors are too optimistic. [more...]
Bloomberg: Stocks Rise on Fed Pause Signal; Dollar Holds Drop: Markets Wrap
Stocks in Asia climbed as the Federal Reserve signaled it is putting further interest-rate increases on hold, boosting emerging-market equities and currencies. Treasury yields ticked lower extending Wednesday’s declines. [more...]
Bloomberg: Venezuela Has 20 Tons of Gold Ready to Ship. Address Unknown
Venezuelan lawmaker Jose Guerra dropped a bombshell on Twitter Tuesday: The Russian Boeing 777 that had landed in Caracas the day before was there to spirit away 20 tons of gold from the vaults of the country’s central bank. [more...]
Bloomberg: The Brexit Bill: Here’s the Damage So Far
Britain’s vote to leave the European Union has already come at a cost regardless of where Brexit goes from here. Some of the damage is tangible, such as jobs, investment and capital; some of it less so, like international clout and talent. [more...]
Bloomberg: Fed Adopts ‘Patient’ Rate Stance With Balance-Sheet Flexibility
The Federal Reserve signaled it’s done raising interest rates for at least a while and will be flexible in reducing its bond holdings, a sweeping pivot from its bias toward tighter monetary policy just last month. [more...]
Bloomberg: Apple Is Planning 3-D Cameras for New iPhones in AR Push
Apple Inc. plans to launch iPhones with a more-powerful 3-D camera as soon as next year, stepping up the company’s push into augmented reality, according to people familiar with the plans. [more...]
Bloomberg: Hedge Funds Are Behaving Like We Just Had a Financial Crisis
Hedge funds haven’t been chasing the January rebound in U.S. equities on the heels of their worst year since 2011. [more...]
Reuters: U.S. lawmakers move to curtail president's power to levy tariffs
U.S. lawmakers on Wednesday introduced legislation to limit the president’s power to levy import tariffs for national security reasons. [more...]
Reuters: U.S. private payrolls rise strongly; housing market struggling
U.S. private payrolls increased solidly in January, pointing to sustained labor market strength despite a recent easing in consumer and business confidence that has suggested a loss of momentum in the economy. [more...]
CNBC: Alibaba shares soar as market looks past the company's record $41 billion spending spree
Alibaba shares soared after the company reported market-beating earnings in the three months ended December, with investors content with a record amount of spending by the company in the 2018 calendar year, hoping that it will spur future growth. [more...]
CNBC: Time is running out for the US-China trade talks — but American firms say key issues linger
With just about one month to go before the U.S.-China trade truce comes to an end, some in the American business community have expressed concerns that many questions remain on whether the two countries can make enough progress before the early-March deadline lapses. [more...] |
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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.
Todays Markets
|
Economic Calendar
|
 |
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.
 |
|
|
Latest News Headlines
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Bloomberg: The Pound's Bad Day Could Have Been Much Worse
The pound has proven unexpectedly robust despite the drumbeat of bad news surrounding Brexit. Fund managers and analysts say this may be time to sell. While sterling slipped on Tuesday after lawmakers rejected the latest Brexit plan, the currency remains within 1 percent of a three-month high set last week. [more...]
Bloomberg: Stocks Drift Before Fed, Trade Talks; Pound Stable: Markets Wrap
Stocks in Asia drifted on Wednesday as the earnings season rolled on and investors awaited the Federal Reserve’s policy meeting. The pound lifted from its lows reached in wake of lawmakers’ vote to renegotiate the Brexit withdrawal agreement with Brussels. [more...]
Bloomberg: Harley-Davidson Profit Is Wiped Out by President Trump’s Tariffs
Harley-Davidson Inc. barely broke even in the last quarter of a year in which the struggling American icon got caught up in President Donald Trump’s trade wars. The motorcycle maker’s shares plunged the most in a year. [more...]
Bloomberg: Iron Ore Rockets as Vale Supply Disruption Convulses Market
The global iron ore market was pitched into turmoil after Brazil’s Vale SA, the world’s largest producer, outlined plans to cut output after a deadly dam breach, buoying shares of rivals as investors weighed the impact of the disruption. Prices soared, with futures rallying more than 9 percent. [more...]
Bloomberg: U.S. and China Are Talking Some More, But Deal Prospects Are Still Slim
The U.S. and China are sitting down Wednesday for the first of two days of high-level talks aimed at finding a solution to a trade war that’s casting a growing shadow on both of the world’s two largest economies. But don’t hold your breath for a deal. [more...]
Bloomberg: Apple Results Suggest Stability After a Tough End to 2018
Apple Inc. reported holiday-quarter results and gave a forecast that together suggested the company’s performance has begun to stabilize after a punishing end to 2018. [more...]
Bloomberg: Gundlach Sees Recession Sign in U.S. Consumer Confidence Spread
U.S. consumer confidence still looks relatively high even with recent declines, but billionaire investor Jeffrey Gundlach says the underlying data suggest a recession is coming. [more...]
Bloomberg: Venezuela Has 20 Tons of Gold Ready to Ship. Destination Unknown
Venezuelan lawmaker Jose Guerra dropped a bombshell on Twitter Tuesday: The Russian Boeing 777 that had landed in Caracas the day before was there to spirit away 20 tons of gold from the vaults of the country’s central bank. [more...]
Bloomberg: LVMH Eases Fears of a Luxury Slowdown in China
Chinese consumers may not be snapping up iPhones, but LVMH sees no let-up in shoppers’ thirst for luxury goods. The French luxury giant gave a bullish outlook after quarterly earnings showed continuing demand for its handbags and Hennessy Cognac in the world’s second-largest economy. [more...]
Reuters: Trade wars: We're next, European investors fear
While global markets would hail a U.S.-China trade deal, fears are growing that the European Union could be the fall guy in any breakthrough, which would allow Donald Trump to turn his attention to German cars or French luxury wines. [more...]
Reuters: Fed likely to hold rates steady as it navigates data blind spots
In the six weeks since a confident U.S. Federal Reserve raised interest rates in response to a “strong” U.S. economy, consumer confidence dropped, wholesale prices weakened, financial markets wobbled and home sales fell. [more...]
CNBC: Apple booked $13 billion in revenue from China last quarter, down 27% from a year ago
Apple's revenue in China came in at $13.17 billion during the December quarter, a drop of nearly $5 billion from a year ago, when Apple reported $17.96 billion in China revenue. Apple's revenue is typically highest during this quarter, the first of its fiscal year. [more...]
CNBC: Avoid these sectors amid China's slowdown, analysts say
Investors should be cautious of companies with a high exposure to the China market as fears of Asia's largest economy slowing down continue to spook markets, experts said. [more...] |
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Currency Strength Indicators
|
 |
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.
Todays Markets
|
Economic Calendar
|
 |
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.
 |
|
|
Latest News Headlines
|
|
Reuters: China January factory activity seen shrinking further, raising global risks: Reuters poll
Activity in China’s vast manufacturing sector likely shrank for the second straight month in January, a Reuters poll showed, heightening concerns over the risks the Chinese slowdown poses to the global economy. [more...] Bloomberg: Global Stocks Mixed With Trade Talks in Focus: Markets Wrap
Asian stocks traded mixed Tuesday as investors juggled growing concerns about the impact of the U.S.-China trade war on corporate profits with hopes for progress in this week’s key talks. [more...]
Bloomberg: U.S. Charges Huawei With Stealing Trade Secrets, Bank Fraud
U.S. prosecutors filed criminal charges against Huawei Technologies Co., China’s largest technology company, alleging it stole trade secrets from an American rival and committed bank fraud by violating sanctions against doing business with Iran. [more...]
Bloomberg: Apple Bug Lets iPhone Users Listen in on Others Via FaceTime
Apple Inc. customers discovered a software bug that lets people listen in on other users by way of the company’s FaceTime video chat service in one of the biggest privacy-related problems faced by the company. [more...]
Bloomberg: Stocks Drop With Caterpillar, Nvidia Earnings Woes: Markets Wrap
U.S. stocks fell after Caterpillar and Nvidia blamed slowing global growth for disappointing results, augmenting concern the trade war with China is hitting corporate profits. Oil slid. [more...]
Bloomberg: Porsche’s New Electric Car Offers a Faster Charge Than Tesla
Zero-to-60 times are shorthand for what anybody buying a Porsche is supposed to care about. But with the all-electric Taycan due out later this year, Porsche executives are talking up a less-exhilarating metric: getting to 60 miles of charge. [more...]
Bloomberg: Alibaba Shows Signs of Strain as China's Economy Shudders
Alibaba Group Holding Ltd. is feeling the heat as China’s economy decelerates. China’s dominant e-commerce company will offer clues to the health of the nation’s middle-class, and how it’s navigating the slowdown, when it unveils earnings Jan. 30. [more...]
Bloomberg: China Weakness Spreads Far and Wide, From Caterpillar to Nvidia
Caterpillar Inc. manufactures huge yellow bulldozers. Nvidia Corp. makes minuscule computer chips. Their products have little in common, but their earnings on Monday pointed to the same direction: demand in China is slowing down for a widening range of goods. [more...]
Bloomberg: Pound Rally on Brexit Optimism Is Overdone for Aberdeen, BlueBay
The pound’s world-beating rally is unsustainable as traders are over-optimistic about the way forward on Brexit, according to money managers. Sterling has gained more than 3 percent versus the dollar this year, the most among its Group-of-10 peers, on conviction that the possibility of a no-deal Brexit has receded. [more...]
Reuters: Powell faces early reckoning on Fed's $4-trillion question
Federal Reserve Chairman Jerome Powell has a problem: how to explain that the Fed may soon begin to taper its ongoing asset-shedding operation without looking like he’s hunkering down for a coming recession, or caving to U.S. President Donald Trump. [more...]
CNBC: Apple, Nvidia and Caterpillar may be pointing to widespread pain from China's slowdown
Disappointing results from construction machinery giant Caterpillar and a pessimistic revenue forecast from chipmaker Nvidia point to a broader impact to the global business community from China's economic slowdown, analysts said on Tuesday. [more...]
CNBC: Goldman warned Nvidia could blow up because of China and says these companies could be next
Another two major U.S. companies blamed China for weaker earnings — construction machinery giant Caterpillar and chipmaker Nvidia — and their shares both plunged on Monday because of it. [more...] |
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Currency Strength Indicators
|
 |
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.
Todays Markets
|
Economic Calendar
|
 |
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.
 |
|
|
Latest News Headlines
|
|
Bloomberg: Pound Rally on Brexit Optimism Is Overdone for Some Money Managers
The pound’s world-beating rally is unsustainable as traders are over-optimistic about the way forward on Brexit, according to money managers. Sterling has gained more than 3 percent versus the dollar this year, the most among its Group-of-10 peers, on conviction that the possibility of a no-deal Brexit has receded. [more...]
Bloomberg: Asian Stocks Start Week Mixed, Yen Edges Higher: Markets Wrap
Asian stocks were mixed Monday at the start of a crucial week for global trade and a policy meeting of the Federal Reserve. Japanese shares retreated alongside U.S. and European futures, while stocks in Hong Kong and China pared earlier gains to trade little changed. [more...]
Bloomberg: Saudi Crown Prince's New Gambit: $425 Billion for Infrastructure
Crown Prince Mohammed bin Salman, who’s already embarked on the biggest overhaul of the Saudi economy in its modern history, is preparing to roll out details of a sweeping plan to develop infrastructure and industry across the world’s biggest oil exporter. [more...]
Bloomberg: Here's What Goldman Conference Attendees Think Markets Will Do
Equities were chosen to be the best global asset class this year, followed by emerging-market credit and cash, according to a survey of attendees at a Goldman Sachs Group Inc. conference last week in Hong Kong. [more...]
Bloomberg: Deutsche Bank to Get Qatari Commitment for More Funds
Deutsche Bank AG has secured a commitment for additional investment from Qatar as the troubled German lender seeks to bolster its finances, according to people with knowledge of the matter. [more...]
Bloomberg: Fitch Warns Emerging Markets Face More Downgrades This Year
Emerging markets face more downgrades than upgrades this year as foreign debt levels leave them vulnerable to rising U.S. interest rates and the strength of the dollar, according to Fitch Ratings. [more...]
Bloomberg: U.S. Growth Outlook Weakens in Survey of Business Economists
Forecasters are less optimistic about U.S. expansion this year, though they’re nearly unanimous in their expectations that a recession can be kept at bay until at least 2020, a National Association for Business Economics survey showed Monday. [more...]
Bloomberg: JPMorgan Says Equities, Credit Still Haven't Priced a Fed Pivot
While U.S. stocks and corporate debt have rallied from their December lows, there’s scope for further gains from an official Federal Reserve confirmation that it’s pivoting away from monetary tightening for now, according to JPMorgan Chase & Co. [more...]
Bloomberg: How the U.K. Parliament Is Trying to Seize Control of Brexit
With U.K. Prime Minister Theresa May refusing to budge from her Brexit position, members of Parliament are proposing a range of amendments demanding a change of direction. [more...]
Reuters: Asia shares pare gains as focus turns to crucial Sino-U.S. trade talks
Asian shares ticked up on Monday though they retreated from earlier highs as relief on news of a deal to reopen the U.S. government following a prolonged shutdown gave way to edginess before a key round of Sino-U.S. trade talks. [more...]
Reuters: China's industrial profits shrink again in Dec. on weak prices, demand
Earnings at China’s industrial firms shrank for a second straight month in December, putting pressure on policymakers to support industries hurt by slowing prices and weak factory activity amid a protracted U.S.-Sino trade war. [more...]
CNBC: Trump tells WSJ another government shutdown is 'certainly an option'
U.S. President Donald Trump said another government shutdown is "certainly an option" as he expressed skepticism that Congress would reach a deal to fund the border wall he has requested, The Wall Street Journal reported on Sunday. [more...]
CNBC: A chart suggests another 10 to 20 percent correction will strike stocks
Stocks may be on the brink of another correction. Despite 2019's strong start, the Economic Cycle Research Institute's Lakshman Achuthan believes the market remains in a danger zone, because there's evidence economic growth is still decelerating. [more...] |
|
Currency Strength Indicators
|
 |
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.
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