Todays Markets
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
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Bloomberg: Stocks Mixed as Rally Loses Steam, Yen Recovers: Markets Wrap
The rally in risk assets faded on Thursday, with Asian stock indexes trading mixed and the yen recovering, as concerns about rising U.S.-China tensions offset signs of a better-than-expected start to the earnings season. The dollar and Treasuries steadied. [more...]
Bloomberg: EU Expresses Horror at Brexit Vote, Refuses to Reopen Deal
The European Union said it was horrified by the massive scale of the U.K. Parliament defeat of the Brexit deal agreed to with Prime Minister Theresa May but said there was no option to renegotiate. [more...]
Bloomberg: Goldman Says Rich People Will Drag Down the U.S. Economy by Spending Less
The stock-market sell-off is going to be a significant drag on the U.S. economy this year as wealthy households feel its impact, according to Goldman Sachs Group Inc. [more...]
Bloomberg: May Faces Tough Talks With Opponents to Get a New Brexit Deal
British Prime Minister Theresa May is entering the most delicate and dangerous negotiations of the country’s split from the European Union as she searches for a compromise with her political enemies that will deliver a Brexit deal. [more...]
Bloomberg: This Quant Wants to Beat China’s 147 Million Retail Traders
Wall Street veteran Zhou Ping is confident his sophisticated formulas will win against the world’s largest army of day traders. Ping, who moved to Shanghai with Neuberger Berman Group last July, has tweaked those models to focus on market timing and avoid stocks that retail investors tend to favor. [more...]
Bloomberg: U.S. Is Winning Globalization’s Next Wave Without the Trade Wars
From Rust Belt America to Europe’s de-industrialized hinterlands, the focus of plenty of economic policy debates in recent years has been on globalization’s victims in the rich world and the political populism they have fed. But what if that’s yesterday’s story? [more...]
Bloomberg: Yen Likely to Hit 80s in Next Recession, Ex-BOJ Official Says
The yen is likely to reach its strongest level in more than six years if Japan enters a recession, which could come as early as the fall of this year, according to a former central bank official. [more...]
Bloomberg: Pound Gains for Fifth Day Against Euro as May Survives to Fight
The British pound advanced as U.K. Prime Minister Theresa May survived a vote of no confidence in her government by a narrow margin. The U.K. currency was poised for a fifth day of gains against the euro and was up against the dollar in New York afternoon trading Wednesday. [more...]
Reuters: China's growth set to slow to 6.3 percent in 2019, more stimulus seen: Reuters poll
China’s economy is expected to cool further this year as domestic demand weakens and exports are hit by U.S. tariffs, a Reuters poll showed on Thursday, reinforcing views Beijing will need to roll out more stimulus measures. [more...]
Reuters: U.S. labor market tightens, wages grow moderately: Fed Beige Book
Labor markets tightened across the United States as businesses struggled to find workers at any skill level and wages generally grew moderately, the Federal Reserve said on Wednesday in its latest report on the economy. [more...]
CNBC: Chinese unemployment worries are growing as Beijing beefs up stimulus
Beijing is working hard to stop a slowing Chinese economy from hitting its workforce. In the last several weeks authorities have made a flurry of announcements, including tax cuts, monetary policy loosening and plans to support public spending. [more...]
CNBC: Theresa May's government survives a no-confidence vote after its crushing Brexit defeat
The U.K. government led by Prime Minister Theresa May has survived a vote of no confidence. Lawmakers in the U.K.'s lower house of parliament, the House of Commons, voted to defeat the motion raised by the leader of the main opposition Labour party, Jeremy Corbyn, by 325 votes to 306. [more...] |
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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