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: How Europe's Banks Wound Up Laundering Russia's Money
The chaotic transition to capitalism in Russia and its neighbors triggered a flood of hundreds of billions of dollars out of the former Soviet Union. Torrents of cash were often routed through offshore zones with limited controls, making it difficult to tell the difference between legitimate business and illicit flows from criminal activity. [more...]
Bloomberg: Widening Russia Money Laundering Scandal Hits European Banks
More European banks are being drawn into money-laundering allegations centered on dirty Russian money, adding to the scandal in an industry still recovering from the financial crisis. [more...]
Bloomberg: Stocks Trade Mixed; Dollar Extends Advance: Markets Wrap
Asian stocks traded mixed Wednesday, struggling to make headway in the absence of market-moving catalysts. The dollar gained for a sixth day. Shares in Japan and Korea declined, with stocks in Australia and Hong Kong posting gains. China’s Shanghai outperformed, building on its recent stellar run, while U.S. and European futures pointed to modest losses. [more...]
Bloomberg: Tesla Sell-Off Worsens After Elon Musk's Surprise Store Closings
Tesla Inc. Chief Executive Officer Elon Musk caught many employees by surprise with his announcement last week that the electric-car maker would close most stores and shift to online-only sales, according to three people familiar with the matter. [more...]
Bloomberg: Tariff-Man Trump to Preside Over $100 Billion Jump in Trade Gap
President Donald Trump, the self-proclaimed Tariff Man, is set to become the $100 Billion Man. If the trends of the past year and economists’ expectations hold true, trade data to be released Wednesday will show the U.S.’s deficit in goods and services with the world topped $600 billion in 2018. [more...]
Bloomberg: A Look Under the Hood Makes Italy’s Slump Less Severe
For a while all the news from Italy has been doom and gloom -- that’s no longer the case, according to Bloomberg Economics. The underlying state of the economy doesn’t seem to have been as weak at the end of last year as it initially appeared. [more...]
Bloomberg: Even Talk of a Rate Cut in Turkey Would Be Too Much for Markets
Turkey’s central bank will have to choose its words carefully as it charts its course back toward interest-rate cuts. With annual inflation just below 20 percent and the lira under pressure again, a reduction is unlikely to be on the table when the Monetary Policy Committee gathers on Wednesday for the last meeting before local elections. [more...]
Reuters: China stocks rally on stimulus hopes, weak GDP growth hits Aussie
Asian stocks held their ground on Wednesday as Chinese equities rallied on stimulus hopes, although a resurgence in regional tensions capped broader gains with North Korea opting to restore part of a missile test site it had began dismantling earlier. [more...]
Reuters: Italy plans to join China's Belt and Road Initiative: FT
Italy plans to sign a memorandum of understanding to become a part of China’s Belt and Road Initiative (BRI) by the end of March, a move which has drawn critical reaction from the United States, the Financial Times reported on Tuesday. [more...]
CNBC: Huawei ban won't make the US fall behind in 5G technology, experts say
The United States won't fall behind in the introduction of next-generation 5G mobile networks if Huawei stays banned there, experts told CNBC, though smaller countries and potentially even Europe could suffer from reduced competition. [more...]
CNBC: Economists warn that China's growth could plummet to 2 percent in the next decade
China has been a strong performer among emerging economies, even if its growth has been slowing. But that's set to end, according to research firm Capital Economics. [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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