Todays Market

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Economic Calendar (time in GMT)
No medium or high importance economic announcements
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: Equities Extend Rally With Copper as Yen Weakens: Markets Wrap
Asian stocks extended a global rally as investors looked ahead to data that will provide detail on the strength of U.S. consumer prices and speeches from a range of Federal Reserve officials. [more...]
Bloomberg: Yellen Unlikely to Rule Out March Hike in Capitol Hill Testimony
Federal Reserve Chair Janet Yellen probably won’t drop a heavy hint on the timing of the next interest-rate increase when she speaks to Congress this week, but expect her to defend post-crisis banking rules the Trump administration has sworn to undo. [more...]
Bloomberg: Surging Iron Ore Won’t ‘Fall Off a Cliff,’ Says Rio Tinto
Iron ore will defy forecasts for a dramatic price collapse as China’s economy remains strong and the top buyer boosts demand for higher-quality imports, according to Rio Tinto Group, the second-largest exporter. [more...]
Reuters: Yen slips after Trump-Abe meet, Asian shares firm
The dollar rose against the yen on Monday on relief that U.S. President Donald Trump set aside tough campaign rhetoric over security and jobs in a smooth meeting with Japanese Prime Minister Shinzo Abe, with no mention of currency policy. [more...]

Reuters: Dollar hits two-week high vs yen on U.S.-Japan summit relief
The dollar rose to a two-week high versus the yen on Monday, with the market breathing a sigh of relief as the closely watched two-day U.S.-Japan summit held over the weekend was seen to have ended smoothly. [more...]

Reuters: Oil prices dip as markets remain bloated despite OPEC-led cuts
Oil prices dipped on Monday on signs that global fuel markets remained bloated despite OPEC-led crude production cuts that have been more successful than most initially expected. [more...]
CNBC: It’s no flash in the pan; stay long on gold: UBS
A rally in gold prices has room to run on risk concerns from politics to interest rates, so hold on to those long positions, a UBS analyst said Monday. [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. To get the latest Currency Strength Indicator please click here
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