Todays Markets
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Economic Calendar
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NO SIGNIFICANT ECONOMIC EVENTS TODAY
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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: Five Things You Need to Know to Start Your Day
All eyes on China amid a move to shore up yuan and as trade war tit-for-tat continues, North Korea sanctions being debated and markets set to open higher. Here are some of the things people in markets are talking about. [more...]
Bloomberg: European Stocks Drift After Mixed Session in Asia: Markets Wrap
European shares struggled for direction and U.S. equity futures eked out modest gains following a mixed session in Asia as China signaled it won’t flinch in a trade war. The dollar climbed and Treasuries held steady. [more...]
Bloomberg: Saudi Arabia Suspends Ties With Canada Over Activist Row
Saudi Arabia suspended diplomatic ties and new trade dealings with Canada in response to Canada’s call for the release of women’s rights activists -- a dramatic escalation that highlights the kingdom’s increasingly assertive foreign policy under Crown Prince Mohammed bin Salman. [more...]
Bloomberg: Jamie Dimon Warns of 5% Treasury Yields
Not content with a previous warning investors should brace for U.S. yields of 4 percent, Jamie Dimon went one further at the weekend, suggesting 5 percent was a distinct possibility. [more...]
Bloomberg: Iron Ore Surges, Copper Sags as Investors See Different Fortunes
It’s a tale of two metals that are fundamental to China’s outlook: while iron ore’s on a tear, copper is under heavy pressure. [more...]
Bloomberg: Lira Extends Longest Losing Streak Since May to Fresh Record Low
The Turkish lira fell against the dollar for a sixth day and government bonds dropped as a showdown with the U.S. over a detained American pastor continued to weigh on investor sentiment. [more...]
Bloomberg: Here Are Three Reasons to Short Australia's Dollar
Optimism that Australia’s dollar has found a bottom may be premature. The currency looks set to take another leg down as the U.S.-China trade war worsens and the outlook deteriorates for Australia’s major export earner iron ore. [more...]
Reuters: Trump's trade 'extortion' won't work, China state media says
Chinese state media on Monday lambasted U.S. President Donald Trump’s trade policies in an unusually personal attack, and sought to reassure investors anxious about China’s economy as growth concerns battered its financial markets. [more...]
Reuters: Oil rises as Saudi output dips, U.S. drilling stalls
Oil prices rose on Monday after Saudi crude production registered a surprising dip in July and as American shale drilling appeared to plateau. [more...]
CNBC: Fed member James Bullard challenges the idea that recession is inevitable
Federal Reserve member James Bullard told CNBC that traders should not be waiting for an "inevitable recession" and spoke of a solid outlook for the U.S. economy. [more...]
CNBC: Europe's largest bank tops expectations with rebounding profit
HSBC, Europe's largest bank, made a comeback by beating estimates in its financial results for the first half of 2018 — following a surprise fall in profits in the first quarter. [more...]
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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