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
CNBC: After winning leadership vote, Theresa May heads to Brussels to debate Irish border
Fresh from winning a leadership vote that allows her to stay in power, British Prime Minister Theresa May will now attempt to seek concessions on the current Brexit deal from European lawmakers on Thursday. [more...]
CNBC: UK Prime Minister Theresa May wins confidence vote, but faces uphill battle to pass Brexit deal
U.K. Prime Minister Theresa May has won a crucial vote of confidence in her leadership on Wednesday evening. May won the leadership challenge by 200 votes to 117 votes against her in the ballot of Conservative members of parliament (MPs). The pound rose about 1 percent on the news. [more...]
Bloomberg: Here’s What to Watch in European Stocks This Morning
Theresa May managed to win her confidence vote, albeit with more than a third of her own party voting against her. That demonstrates the size of the task the prime minister faces in getting support for her Brexit deal at home, let alone when she heads back off to meetings with European leaders on Thursday. [more...]
Bloomberg: Ex-Porsche CEO Backs Effort to Delay Death of Combustion Engine
As tightening emissions rules force the car industry to embrace battery power, a German startup says it has the technology to give the dying combustion engine a reprieve. [more...]
Bloomberg: Trade War Damage to China's Economy Is Already Done, Citi Says
The damage to China’s economy from the trade war with the U.S. can’t be immediately made good even in the case of a resolution with President Donald Trump, Citigroup economists say. [more...]
Bloomberg: U.S. Stocks Advance on Trade Outlook; Pound Climbs: Markets Wrap
U.S. stocks advanced as the outlook for trade took a positive turn and the British prime minister defeated a challenge to her leadership. The S&P 500 rose 0.5 percent after an afternoon slump that pared its gain by more than half. [more...]
Bloomberg: Ditching the U.S. Dollar Emerges as a Popular Call for 2019
Strategists in the $5.1 trillion-a-day currency market are gearing up for a slumping dollar next year, while pinning their hopes for 2019 gains on the yen. A major driver of the dollar’s decline could be a downturn in the U.S. economy, especially in the second half of the year, JPMorgan Asset Management predicted. [more...]
Bloomberg: On the Eve of Brexit, U.S. Banks Are Set to Conquer Europe
With Donald Trump rattling the international order Washington built after World War II, engagement is out and isolationism is in. Yet Wall Street, an expression of American influence every bit as defining as Hollywood or Silicon Valley, apparently didn’t get the memo. [more...]
Bloomberg: Pound Traders Are Betting on May to Survive
The pound headed for the biggest gain in six weeks on increased confidence U.K. Prime Minister Theresa May will survive a leadership challenge, amid reports that she had the backing of a majority of Conservative Party members of parliament. [more...]
Reuters: Asian shares rally on U.S.-China trade thaw
Asian equity markets rallied on Thursday on signs of easing Sino-U.S. trade tensions and expectations that China will step up efforts soon to support its cooling economy. [more...]
Reuters: Oil prices rise as Sino-U.S. trade tensions show signs of easing
Oil prices rose on Thursday, buoyed by a drawdown in U.S. crude stockpiles and indications that China is taking concrete steps to put a trade war truce with Washington into action. [more...]
CNBC: Trump faces pushback after saying he may intervene in arrest of Huawei executive
U.S. President Donald Trump is facing pushback for saying on Tuesday that he might intervene in a legal case involving the chief financial official of Chinese telco giant Huawei Technologies — if such a move would help Washington secure a trade deal with Beijing. [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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