Todays Markets
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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: Stocks Rally Into Turbulent Month's End; Bonds Dip: Markets Wrap
Stock markets in Asia advanced on the last day of what is shaping up as the worst month for global stocks in more than six years. The dollar edged higher with Treasury yields. [more...]
Bloomberg: Billionaires Chase ‘SpaceX Moment’ for the Holy Grail of Energy
Not long before he died, tech visionary Paul Allen traveled to the south of France for a personal tour of a 35-country quest to replicate the workings of the Sun. The goal is to one day produce clean, almost limitless energy by fusing atoms together rather than splitting them apart. [more...]
Bloomberg: Traders See Little Hope in World's Worst Stock Market This Month
For South Korean stock investors, Tuesday’s rebound did little to revive optimism. Sentiment among fund managers remains decisively negative as the benchmark Kospi Index heads for the world’s biggest monthly slide after entering bear territory last week. [more...]
Bloomberg: Oil Set for Biggest Monthly Decline Since 2016 on Growth Fears
Oil’s on track for its worst month since 2016 as the specter of a slowing global economy haunts the market that’s grappling with growing U.S. inventories and mixed signals from producers. [more...]
Bloomberg: China Feels Trade War Pain as Export Gauge Signals Worse to Come
The first official gauge of China’s economy in October showed manufacturing activity continued to worsen, as the effects of an ongoing trade war with the U.S. hit home. [more...]
Bloomberg: Bitcoin’s Halloween Birth 10 Years Ago Led to Unimaginable Gains
Happy Anniversary to Bitcoin! It was Halloween 2008 when Satoshi Nakamoto, which may be a pseudonym for one or more programmers, published a paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System.” [more...]
Bloomberg: Japan’s Central Bank Stands Pat as Risks Rise in Long Battle to Stoke Inflation
The Bank of Japan stayed the course on monetary stimulus while confirming in updated price forecasts that it won’t meet its inflation target for years to come. [more...]
Bloomberg: Damaged Australian Dollar May Sink to 9-Year Low
Australia’s dollar may drop to a nine-year low of 67 U.S. cents as the central bank is set to become even more dovish and lean more toward cutting interest rates, according to money manager Hexavest Inc. [more...]
Bloomberg: Goldman Says the Return of Fear Is a Good Thing for Gold
Goldman Sachs Group Inc. says that “fear” has made a comeback and gold is benefiting as stocks slide and investors fret more about the possibility that the U.S. economy may tumble back into recession. [more...]
Bloomberg: Bitcoin Is Now the Least Volatile Since Late 2016
Just as traditional financial markets are getting interesting, the 30-day volatility of the most valuable cryptocurrency has plunged to the lowest since December 2016, months before its head-spinning bull run even began in mid-2017. [more...]
Reuters: Asia stocks rise at end of grim October, on track for worst month since 2011
Asian stocks clawed up from 20-month lows on Wednesday amid pledges by China to support its markets, but investor confidence was brittle after equity markets bled trillions of dollars in a grim October. [more...]
Reuters: Oil prices rise for first time in three days, but trade war drags
Oil prices climbed for the first time in three days on Wednesday, but rising supply and fears over the outlook for demand amid the U.S.-China trade war kept pressure on the market. [more...]
CNBC: Santander posts earnings in line with expectations as third-quarter profits surge
Banco Santander reported earnings in line with expectations on Wednesday, supported by a solid performance in Brazil and Spain. The euro zone’s largest bank by market vale posted attributable net profit of 1.99 billion euros ($2.256 billion) for the three-month period ending Sept 30. [more...]
CNBC: China reports lower-than-expected manufacturing growth
China reported slower manufacturing growth in October for the second straight month as the country’s trade war dispute with the U.S. continues. Official manufacturing Purchasing Managers’ Index (PMI) was 50.2 — lower than the 50.6 that analysts expected in a Reuters poll. The official manufacturing PMI was 50.8 in September. [more...] |
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Currency Strength Indicators
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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.
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