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: Stocks in Asia Trade Mixed; Dollar Slips With Yen: Markets Wrap
Asian stocks mostly steadied Tuesday as the contagion from the economic crisis in Turkey remained relatively contained in developed markets. The dollar slipped from its highest in 14 months and Treasuries edged lower. [more...] Bloomberg: Turkey's Collapse Sinks Emerging Markets on ‘Manic Monday’
Turkey’s meltdown rippled across emerging markets, sending stocks and currencies to their lowest levels in at least a year. [more...] Bloomberg: Turkey’s Market Collapse Deepens as Rules Are Eased for Banks
Turkish policy makers made their first move to bolster the financial system and investor confidence amid a plunge in the lira. The currency, stocks and bonds extended their decline. [more...] Bloomberg: German Growth Quickens as Domestic Strength Beats Trade Risk
Germany’s economy looks to have found its feet again after an apparent shaky start to the year, suggesting some of the worries about the outlook may have been overdone. [more...] Bloomberg: Why Germany’s Share Index Overhaul Is a Big Deal
For portfolio managers, rejigging holdings to reflect the latest makeup of stock indexes is as humdrum as changing a car tire. Not so this September, when they’ll need to accommodate a major overhaul in German equities. [more...] Bloomberg: Bitcoin Sinks Below $6,000 as Almost Everything Crypto Tumbles
Bitcoin dropped below $6,000 and dozens of smaller digital tokens tumbled as this month’s selloff in cryptocurrencies showed few signs of letting up. [more...] Bloomberg: FX Traders Are on Alert as U.S. Dollar Intervention Risk Climbs
Foreign-exchange traders are always scanning the globe for signs of government intervention in the market -- but it’s rare for them to suspect the world’s reserve currency as a candidate. [more...] Bloomberg: Ray Dalio’s Bridgewater Keeps Faith in Gold Despite Its Slide
Billionaire hedge-fund manager Ray Dalio kept his faith in the two biggest exchange-traded funds backed by gold, even as an investor exodus sent prices of the metal tumbling. [more...] Bloomberg: Lira Drags Emerging Currencies Down With It as Contagion Spreads
Hardly any emerging-market currencies were spared from Turkey’s troubles, putting an index that tracks the units on course for its biggest four-day drop since 2016 as appetite for risky assets dried up. [more...] Reuters: Asia stumbles on soft China data, gold loses its glitter
Asian share markets fought to regain their footing on Tuesday as tremors from the collapse of the Turkish lira ebbed, though sentiment took a fresh knock when Chinese economic data proved softer than expected. [more...] Reuters: China's economy cools further, investment growth at record low
China’s economy is showing signs of cooling further as the U.S. prepares even tougher trade tariffs, with investment growth slowing to a record low and consumers turning more cautious about spending, data showed on Tuesday. [more...] Reuters: 'Alive and kicking' - German economy shifts into higher gear
The German economy picked up more steam than expected in the second quarter, driven by higher household and state spending, suggesting that Europe’s biggest economy is powering ahead despite trade-related business uncertainties. [more...] CNBC: Bitcoin dips below $6,000 amid cryptocurrency sell-off
Bitcoin fell below $6,000 late Monday — for the first time since June — against a backdrop of cryptocurrencies declining in value. [more...] CNBC: 'What happens in Turkey won't stay in Turkey': Why this debt crisis could be different
The markets have seen much of this movie before: a heavily indebted country finds itself in crisis, the currency plunges and talk quickly turns to contagion and, ultimately, an expensive globally financed bailout. [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
|
Leave a Reply
Want to join the discussion?Feel free to contribute!