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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: Stock Rally Builds as Investors Reassured on Vote: Markets Wrap
After endorsing a Republican-dominated government two years ago, investors decided they also like a divided Washington. Stocks in Asia followed a strong U.S. session overnight, spurred by the narrative that checks and balances bode well for returns. [more...]
Bloomberg: Stocks Rally as Election Results Provide Comfort: Markets Wrap
U.S. equities jumped as investors moved past the hurdle of uncertainty presented by the midterm elections and embraced an outlook for Washington gridlock. [more...]
Bloomberg: What the Brexit referendum took away from the pound, a divorce deal may give back. Aberdeen Standard Investments is betting that sterling could climb to $1.50 -- a level not seen since the 2016 vote -- within three months of a divorce agreement. [more...]
Bloomberg: Crypto 2.0 May Be Digital Cash You Can Actually Use to Buy Stuff
The London clubhouse built for activists who helped redesign Britain’s electoral system nearly two centuries ago offered a fitting setting for the crowd of technology entrepreneurs hoping to reinvent money. [more...]
Bloomberg: The Fed's Fight for Control of Its Key Interest Rate
If a ship crossing a wide and placid harbor yaws so far that it almost hits the channel markers, its captain might want to have the rudder adjusted. That’s what the Federal Reserve is attempting to do as the fed funds rate inches closer to the top of the central bank’s target range. [more...]
Bloomberg: Tencent Slashes Game Marketing Budget Amid Freeze
Tencent Holdings Ltd. is cutting the marketing budget of its gaming division as the business suffers through regulatory disruptions and a slowdown in the Chinese economy, according to an internal memo seen by Bloomberg. [more...]
Bloomberg: Boeing Close to Issuing Safety Warning on 737 Max
Boeing Co. is preparing to send a safety warning to operators of its new 737 Max jets in response to the investigation of last week’s fatal crash off the coast of Indonesia that left 189 dead, said a person familiar with the matter. [more...]
Bloomberg: A Divided Congress Could Put the Dollar’s Bull Run at Risk
The dollar’s bull run against major currencies could come to an end in 2019 after the Democrats took the U.S. House from the Republicans in the midterm election. [more...]
Bloomberg: JPMorgan's Kolanovic Says Midterms May Make Trump Drop Trade War
A split Congress is the best outcome for global markets as it may ease trade war tensions and lead to a rally into the year-end, JPMorgan Chase & Co. strategist Marko Kolanovic wrote in a note Wednesday. [more...]
Reuters: Asia buoyed by post-election Wall St rally, dollar bounces
Asian stocks scaled a one-month peak on Thursday, after investors drove a Wall Street rally on relief the U.S. midterm elections delivered no major political surprises, while the dollar bounced and pulled away from 2-1/2-week lows. [more...]
Reuters: China October exports surprisingly strong in race to beat higher U.S. tariffs
China reported much stronger-than-expected exports for October as shippers rushed goods to the United States, its biggest trading partner, racing to beat higher tariff rates due to kick in at the start of next year. [more...]
CNBC: Meet Merkel’s protege — the woman many people think is Germany’s next leader
German Chancellor Angela Merkel’s departure should come as no surprise and many analysts have had their eyes on her possible successor, and somewhat protege, for a while. [more...]
CNBC: Most Asian markets pop after US stocks cheer midterm elections, but mainland China slips
Stocks in Asia were mainly higher, with the exception of mainland China, after a stateside rally saw the Dow Jones Industrial Average and S&P 500 record their best post-midterm elections rally since 1982. [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.
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