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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.
Latest News Headlines
Bloomberg: Global Stock Slide Extends Amid Growth Worries: Markets Wrap
Stocks in Asia fell with U.S. and European futures amid renewed concerns about global growth and signs China is trying to slow down the country’s equity rally. The yen climbed amid the risk-off sentiment. [more...]
Bloomberg: BlackRock CEO Larry Fink Says Modern Monetary Theory Is ‘Garbage’
BlackRock Chief Executive Officer Larry Fink said he’s not a proponent of modern monetary theory.
“That’s garbage,” Fink said in an interview with Erik Schatzker on Bloomberg Television Thursday. “I’m a big believer that deficits do matter. I’m a big believer that deficits are going to be driving interest rates much higher and it could drive them to an unsustainable level. ” [more...]
Bloomberg: China Stocks Slump Most This Year as Sell Rating Shocks Traders
Chinese stocks tumbled the most in nearly five months as traders took a rare sell rating from the nation’s largest brokerage as a sign that the government wants to slow down the rally. [more...]
Bloomberg: Amazon Suppliers Panic Amid Purge Aimed at Boosting Profits
Amazon.com Inc. has abruptly stopped buying products from many of its wholesalers, sowing panic.
The company is encouraging vendors to instead sell directly to consumers on its marketplace. [more...]
Bloomberg: The Fed and ECB Confront a New Normal That Looks a Lot Like Japan's
Central bankers in the U.S. and Europe are reconciling themselves to a new normal of historically low interest rates and bloated balance sheets -- one that Japan has long since gotten used to. [more...]
Bloomberg: It's Been Punch After Punch, and Now Asia Caves In: Taking Stock
First it was China. Then the U.S. And finally Europe. For Asian stock investors, this week’s cuts in economic-growth forecasts and disappointing data finally took their toll on Friday, sending the MSCI Asia Pacific Index toward its biggest plunge of the year and a second weekly decline. [more...]
Bloomberg: Hedge Funds Gain in February for Strongest Start Since 2012
Hedge funds are off to their strongest start since 2012 as managers reap the benefits of a global market rebound.
The industry saw gains for the second month in a row, rising 1.4 percent in February and 4.9 percent for the year on a fund-weighted basis. [more...]
Bloomberg: Australian Dollar’s Roller-Coaster Day Leaves Traders Gasping for Breath
How much is too much? For traders of the Australian dollar, the wild swings on Feb. 21 illustrates why trading the notoriously high-beta currency can at times be almost impossible. [more...]
Reuters: U.S. job growth seen slowing in February after outsized gains
U.S. job growth likely slowed to a five-month low in February as the weather-related boost in the prior two months faded, workers became more scarce and tighter financial conditions began to weigh on the labor market. [more...]
Reuters: China February exports tumble the most in three years, heighten global slowdown fears
China’s exports tumbled the most in three years in February while imports fell for a third straight month, pointing to a further slowdown in the economy despite a spate of support measures. [more...]
CNBC: Crunch Brexit votes are coming that could trigger yet more political chaos
Time is running out for U.K. Prime Minister Theresa May to get a deal done before Britain is officially supposed to leave the EU on March 29. [more...]
CNBC: China's exports fall more than 20% in February; overall trade data come in much weaker
China on Friday reported worse than expected trade data for the month of February, customs data showed amid Beijing's trade dispute with the U.S. [more...]
Currency Strength Indicators
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.