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: Goldman Says Wall Street Banks’ Exposure Was Behind Oil Rout
Wall Street’s been abuzz about -- and confused by -- Tuesday’s epic plunge in the oil market. Any number of theories are flying around. But analysts at Goldman Sachs Group think they’ve uncovered one of the actual main culprits: a rush by Wall Street banks to cover their exposure to oil producers’ hedges. [more...]
Bloomberg: Stock Sell-off Pauses; Pound Climbs on Brexit Hope: Markets Wrap
Stocks chalked modest gains in most of Asia in a choppy session, with investors digesting Brexit developments and as Federal Reserve Chairman Jerome Powell gave no indication recent volatility will play into the U.S. central bank’s next policy decision. The pound rose and oil prices held above their recent low. [more...]
Bloomberg: Crude’s Collapse Is Sending Shockwaves Across Global Markets
Investors have gone from contemplating the prospect of oil at $100 to sub-$50 in less than two months. No wonder global markets are playing catch-up. [more...]
Bloomberg: Maersk CEO Reveals ‘Ironic’ Twist in U.S. Trade War With China
The man running the world’s largest container-shipping company says he has access to data that shows Donald Trump has so far failed to wean the U.S. off Chinese imports. [more...]
Bloomberg: OPEC+ Weighs Bigger Output Cut on Increasing Risk of Glut
OPEC and its allies are considering cutting oil output by more than the 1 million barrels a day Saudi Arabia proposed earlier this week as the group is increasingly worried about the potential for oversupply, people familiar with the matter said. [more...]
Bloomberg: China's Top Bank Fails to Sell Dollar Bonds to U.S. Buyers
China’s biggest lender pulled an offering of dollar bonds in the U.S. market on Wednesday, adding to concern that American investor demand for Chinese offerings is dwindling amid the trade war. [more...]
Bloomberg: Citigroup Says Pain in Small-Cap Stocks Is Just Getting Started
Small-cap stocks, largely shielded from trade-war tiffs for much of the year, are stumbling and could be in for more trouble as interest rates rise, according to Citigroup Inc. [more...]
Bloomberg: Another Apple Supplier Just Cut Its Forecast
The bad news keeps piling up for Apple Inc. ahead of the crucial holiday season. AMS AG, a Switzerland-based maker of light sensors for smartphones, became at least the fourth key supplier to the U.S. company this week to reduce revenue estimates for the current quarter. [more...]
Bloomberg: Powell Says Solid Economy Faces Headwinds as Fed Mulls Rates
Federal Reserve Chairman Jerome Powell said the U.S. economy is strong but could face headwinds next year as policy makers weigh how far and fast to raise interest rates. [more...]
Bloomberg: Pound Struggles to Take Flight After Cabinet Backs Brexit Deal
The pound edged higher, while failing to hold Wednesday’s strongest levels, after the U.K. Cabinet approved a draft Brexit plan, clearing a key hurdle to finalizing a divorce deal with the European Union. [more...]
Reuters: Exclusive: China sends written response to U.S. trade reform demands - U.S. government sources
China has delivered a written response to U.S. demands for wide-ranging trade reforms, three U.S. government sources said on Wednesday, a move that could trigger negotiations to bring an end to a withering trade war between the world’s top economies. [more...]
Reuters: Oversupply fears cloud outlook for U.S. crude in 2019
The U.S. oil market is scrambling to adjust to a deep selloff over the last several weeks, with forward prices signaling a supply glut which could upend plans for producers and traders through 2019. [more...]
CNBC: Bitcoin market cap falls below $100 billion for first time since October 2017
Amid a sell-off in the cryptocurrency markets that began Wednesday, Bitcoin’s market capitalization fell below the $100 billion mark on Thursday — a level not seen since October 2017. [more...]
CNBC: London is fast becoming a major hub for A.I. development
London is establishing a reputation as a global artificial intelligence (AI) hub, with investors flocking to the city. New research from Pitchbook, seen by CNBC, revealed that between 2015 and 2017 AI developers in the city saw a venture capital funding increase of more than 200 percent. [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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