http://marketaxe.com/wp-content/uploads/2020/11/nnews.jpg 0 0 admin http://marketaxe.com/wp-content/uploads/2020/11/nnews.jpg admin2019-03-29 10:33:492019-03-29 10:33:49Todays Markets
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.
Bloomberg: Stocks Advance, Capping Strong Quarterly Rebound: Markets Wrap
Asian stocks looked set to round out a strong quarter with gains on Friday, while the rally in sovereign bonds ebbed as investors gauge the outlook for growth. The dollar steadied after a three-day advance. [more...]
Bloomberg: Iceland’s Wow Air Shuts Down After Failing to Raise New Cash
Wow Air Hf has gone out of business, stranding thousands of passengers and creating potentially huge risks for Iceland’s tiny economy and its growing reliance on tourism. [more...]
Bloomberg: Wells Fargo CEO Abruptly Steps Down, Succumbing to Scandals
Wells Fargo & Co. Chief Executive Officer Tim Sloan gave in to critics and abruptly stepped down Thursday, after the 31-year company veteran struggled to tame a range of scandals, launching the fourth-largest U.S. bank into a hasty search for a successor. [more...]
Bloomberg: JPMorgan to Cut Hundreds of Jobs After Staffing Review
JPMorgan Chase & Co. is dismissing hundreds of workers in its asset and wealth-management division after a periodic review of staffing, according to a person briefed on the matter. [more...]
Bloomberg: Global Investors May Spur Change in China’s $13 Trillion Debt Market
The imminent arrival of a new group of investors in China’s domestic bonds is set to strengthen the hand of reform advocates in the world’s third-largest debt market. [more...]
Bloomberg: Chinese Stocks Wrap Up Best Quarter Since 2014 With a Huge Rally
Friday’s surge in Chinese stocks rounds up a winning quarter for the country’s investors.
China’s equities have outrun every other national market in the world since the start of the year. [more...]
Bloomberg: After Striking Out Twice, A Trader Makes Another Big Bet on Australia’s Rate Cut
A jumbo wager on an Australian interest-rate cut has emerged again, stoking speculation the same trader is hoping to strike gold at the third attempt. [more...]
Bloomberg: The Palladium ‘Bubble Has Burst’ With Biggest Drop Since 2010
Palladium fell for a third day, heading for the biggest drop in almost nine years and fueling concern that the metal’s multi-month rally has run out of steam. [more...]
Bloomberg: Turkey's Next Headache: Tokyo Traders' Lira Long Positions
After a roller-coaster ride in its markets, the latest headache for Turkey may come from investors miles away: Japanese retail investors. Japanese margin traders’ long positions in the lira versus the yen totaled at 317,283 as of March 28, according to data from the Tokyo Financial Exchange Inc. [more...]
Reuters: U.S., China resume trade talks in Beijing after 'productive working dinner'
U.S. Treasury Secretary Steven Mnuchin said on Friday he had a “productive working dinner” the previous night in Beijing, kicking off a day of talks aimed at resolving the bitter trade dispute between the world’s two largest economies. [more...]
Reuters: Lira wobbles as U.S. ties with Turkey fray
Turkish President Tayyip Erdogan’s fiery anti-U.S. rhetoric helped spark a currency collapse in 2018 that plunged his country into recession. [more...]
CNBC: Theresa May to make last-ditch attempt to push through her Brexit deal on Friday
Prime Minister Theresa May will make a last-ditch attempt to push through her Brexit deal on Friday after a series of votes in the U.K. Parliament showed that political deadlock is as strong as ever. [more...]
CNBC: Buffett on the economy: ‘It looks like things have slowed down’
Billionaire Warren Buffett said Thursday that economic growth has lost some steam recently.
“It does look like the pace of increase in the economy has slowed down,” the chairman and CEO of Berkshire Hathaway told CNBC. [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.