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: Oil Pares Bear Market Collapse on Prospect of OPEC Curbs in 2019
Oil climbed after a record run of losses as Saudi Arabia said it will reduce crude sales in December and speculation rose that OPEC and its allies will cut output next year. [more...]
Bloomberg: Falling Oil Prices Are Becoming an Emerging-Markets Catalyst
Falling oil prices are fast becoming a catalyst for emerging markets. Last week’s slide in crude was partly behind the weakness in the Russian ruble, Mexican peso and Malaysian ringgit, according to Societe Generale SA. [more...]
Bloomberg: Oil's Bear Market Pushes OPEC+ Closer to Cuts
OPEC and its allies started laying the groundwork to cut oil supply in 2019, reversing an almost year-long expansion, with Saudi Arabia reasserting its role as swing producer by announcing fewer shipments from next month. [more...]
Bloomberg: Stocks Meander as Investors Pause; Pound Slips: Markets Wrap
Stocks were mixed in Asia and futures pointed to a firm start for equity markets in London and New York as investors assessed whether the recent rallies can endure. The pound slid as U.K. Prime Minister Theresa May fought to keep her Brexit divorce plan alive. [more...]
Bloomberg: Wall Street's $45 Trillion China Dream Inches Toward Reality
“steadily widening the opening up” of its financial industry. For China watchers, steadily was the key word. Almost exactly a year after the country announced historic plans to ease local ownership rules and entry barriers to what’s now a $45 trillion industry, the pace of change has been closer to a crawl than a sprint. [more...]
Bloomberg: Alibaba Sets Singles' Day Sales Record With 8 Hours Still to Go
Alibaba Group Holding Ltd. logged 168.3 billion yuan ($24.3 billion) in sales in 16 hours of its annual Singles’ Day extravaganza, setting a record as shoppers swarmed the e-commerce giant’s online bazaars. [more...]
Bloomberg: Oil Spigot Loosens, Chinese Rate-Cut Calls, China Opens: Eco Day
Much of Europe’s -- and the world’s -- leaders were in Paris over the weekend to commemorate the centennial anniversary of the end of World War I, with French President Emmanuel Macron issuing warnings on the rise of nationalism and other nations bickering over where they stand on the global order. [more...]
Bloomberg: Brexit Jitters Hit U.K. Stock Traders as Opposition Grows
With opposition to Theresa May’s Brexit plan mounting, U.K. equity traders are paying up for protection. A gauge tracking volatility expectations for the FTSE 100 Index has jumped to its highest level since July relative to the VStoxx Index of euro-area swings. [more...]
Bloomberg: Dollar Squeeze Looms on Higher Rates, Trade War, BNP Asset Says
Rising U.S. interest rates, the Sino-American trade war and political risks engulfing Europe will push the dollar higher against the euro and a number of Asian currencies, according to BNP Paribas Asset Management. [more...]
Reuters: China says will further open up its economy, slams rising protectionism
Chinese Premier Li Keqiang said on Monday Beijing will further open up its economy in the face of rising protectionism, as he headed for meetings with Asia-Pacific leaders in Singapore that are expected to focus on trade tensions. [more...]
Reuters: Disappointing third-quarter earnings another blow to battered European market
European companies are delivering their most disappointing earnings in nearly three years as a sluggish economy and rising costs take their toll on bottom lines, dealing another blow to investor confidence shaken by Italy’s budget crisis and Brexit. [more...]
CNBC: Mark Mobius says it’s time to buy stocks in emerging markets
Stocks in emerging markets are looking “very cheap” now, and that’s a buying opportunity, prominent investor Mark Mobius told CNBC on Monday. Investors sold their holdings in emerging markets in a big way in recent months as they feared financial problems in countries such as Turkey and Argentina could spill over to other economies. [more...]
CNBC: Falling oil prices show markets are getting it wrong — again, Saudi Arabia energy minister says
OPEC kingpin Saudi Arabia believes the energy market has overcorrected in recent weeks. It comes as the world’s top oil exporter grapples with a sharp drop in crude prices, amid cooling supply fears about the impact of U.S. sanctions on Iran. [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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