Todays Markets

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
Bloomberg: Stock Rout Spreads After U.S. Slide; Dollar Dips: Markets Wrap
An equities rout that wiped out this year’s gains for U.S. stocks spread to Asia and looked set to engulf Europe on concerns that company profits and economic growth are peaking amid rising borrowing costs. Haven assets like gold and the yen climbed, while Treasuries held gains and the dollar nudged lower. [more...]
Bloomberg: Stock Rout Erases 2018 Gains for S&P, Dow Indexes: Markets Wrap
The sell-off in U.S. stocks accelerated, wiping out gains for the year in both the S&P 500 Index and the Dow Jones Industrial Average, as mixed corporate earnings and weak housing data fueled anxiety that rising prices will crimp economic growth.  [more...]
Bloomberg: Asia Stocks Lose $5 Trillion This Year With No End in Sight
After a slump in U.S. stocks, Asia’s main equity gauge has finally succumbed, entering a bear market overnight. The region’s equities have already lost more than $4.9 trillion in value this year, and Thursday isn’t looking pretty. [more...]
Bloomberg: Tesla's Profit Blowout Undoes Much of Musk's Damage to Stock
Profit secured. Tesla Inc. blew away expectations with just the third quarter of positive earnings in its history, bolstering Elon Musk’s bid to make selling electric cars a financially sustainable business. [more...]
Bloomberg: At Sell-Off's Core Is an Earnings Season That's Consoling No One
A quarter of the way through earnings season and 10 months into what is sure to be the biggest year for profit growth this decade, the numbers are strong. The market doesn’t care. [more...]
Bloomberg: Bridgewater Says Investors Should Look to Asia
As the economic cycle in the U.S. and Europe nears its late stage, investors should consider “taking a turn to the East,” according to Bob Prince, who helps oversee the world’s biggest hedge fund at Bridgewater Associates. [more...]
Bloomberg: Ex-Citigroup Trader on Trial for FX Rigging Called ‘Golden Boy’
A former Citigroup Inc. trader accused of rigging the foreign-exchange markets was a "golden boy" in demand at the bank for his knowledge of markets and ability to communicate with others, a former colleague said in his defense. [more...]
Bloomberg: Forex Burn by RBI Has Silver Lining for India's Bond Market
The Reserve Bank of India’s efforts to defend the rupee in recent weeks spells good news for the bond market. The intervention comes when the banking system is reeling from a cash crunch, and could lead to more debt purchases by the authority to replenish liquidity. [more...]
Reuters: Nasdaq confirms correction while S&P 500 and Dow erase 2018 gains
U.S. stocks plunged again on Wednesday, confirming a correction for the Nasdaq and erasing the Dow and the S&P 500’s gains for the year, as disappointing forecasts from chipmakers and weak home sales data fueled jitters about economic and profit growth. [more...]
Reuters: Oil prices fall one percent amid global stock market slump
Oil prices fell by around one percent on Thursday, coming under pressure from sharp selloffs in global stock markets, with U.S. stocks posting the biggest daily decline since 2011 to wipe out the year’s gains. [more...]
CNBC: Cryptocurrencies stay mostly steady despite global stock market sell-off
Cryptocurrencies held up by and large on Thursday, despite a rout in global stock markets. In the afternoon of Asia hours, bitcoin had fallen by 0.23 percent to around $6,484, while XRP saw losses of 2.09 percent and ethereum shed 1.38 percent, according to data from Coinmarketcap.com. It’s not unusual to see bitcoin lead other digital tokens lower. [more...]
CNBC: Asia is more vulnerable than the US in the stock market sell-off, analyst says
With the current sell-off in global stock markets set to continue for a few more weeks, Asia could emerge as the bigger loser compared to the U.S. given the region’s softer economic prospects, one expert said. [more...]
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