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
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Bloomberg: Stocks Mixed as Headwinds Persist, Treasuries Slip: Markets Wrap
Stocks fluctuated in Asia Tuesday with U.S. futures after a technology rout sank Nasdaq shares overnight. Treasuries came off their highs after yields dived on growing conviction the Federal Reserve will cut interest rates. [more...]
Bloomberg: Apple Just Announced It's Selling a Mac Monitor Stand for $999
There were some murmurs among developers as Apple was running through the pricing for the new Mac Pro computer. Presumably this was directed at Apple’s fancy stand for its $5,000-and-up computer monitor. The stand alone is $999. Good news: You can purchase it separately for some reason. [more...]
Bloomberg: Chinese Crypto Pioneer Pays $4.57 Million for Lunch With Warren Buffett
Cryptocurrency pioneer Justin Sun bid a record $4.57 million to have lunch with Warren Buffett, who famously referred to Bitcoin as “probably rat poison squared.” [more...]
Bloomberg: Wall Street Warns of Mounting Recession Risk From Trade War
A global recession could start within nine months if President Donald Trump imposes 25% tariffs on an additional $300 billion of Chinese exports and Beijing retaliates, according to Morgan Stanley. Separately, JPMorgan Chase & Co. said the probability of a U.S. recession in the second half of this year had risen to 40% from 25% a month ago. [more...]
Bloomberg: Google, Facebook and Apple Fall on Antitrust Scrutiny
Google parent Alphabet Inc., Facebook Inc. and Apple Inc. tumbled as the companies appear set to undergo U.S. antitrust probes after the Justice Department and the Federal Trade Commission agreed to split up oversight of technology giants. [more...]
Bloomberg: Bitcoin Tumbles Back Below $8,000 as Cryptocurrencies Stumble
Bitcoin fell back below the $8,000 level for the first time in more than a week to halt its most recent rally, leading a wider retreat among cryptocurrencies. [more...]
Bloomberg: China's Gold Miners Gain as Investors Seek Haven Amid Trade War
China’s gold stocks are the latest haven for spooked investors sheltering from trade war fallout. Gold miners are among the top gainers on the MSCI China Index in the past five days. Zhaojin Mining Industry Co. in Hong Kong and Shandong Gold Mining Co. in Shanghai have surged at least 8.6%. [more...]
Bloomberg: JPMorgan Says Markets Have Yet to See Full Impact of Trade War
A long-simmering U.S.-China trade war that hammered stocks from both nations last month may inflict still more pain on markets. [more...]
Bloomberg: Trump Spurs On Brexit in London Visit, Diving Into U.K. Politics
Donald Trump waded into the U.K.’s fraught politics on the first day of a state visit, urging his hosts to proceed with Brexit and dangling the promise of a U.S. trade deal he said would swiftly follow. [more...]
Bloomberg: Bets Are Mounting on a Rebound in the Rand
After a difficult May for emerging-market currencies, some investors are positioning for a rebound in South Africa’s rand. The currency declined about 2% against the dollar last month amid the deepening trade war and concerns the global economy is heading for a significant slowdown. [more...]
Reuters: Asian shares fall as weak data inflames growth fears
Asian shares fell on Tuesday, following a volatile Wall Street session as weak economic indicators and an intensifying Sino-U.S. trade war inflamed concerns about global growth, supporting safe-haven assets such as bonds. [more...]
Reuters: Oil falls amid economic slowdown; supply cut consensus offers support
Oil prices fell on Tuesday as an economic slowdown starts to dent energy demand, but markets won some support after Saudi Arabia said a consensus was emerging with other producers about extending supply cuts. [more...]
CNBC: Fed’s Mary Daly says trade escalation is not the only risk facing the US economy
Trade uncertainties are high on the minds of investors and businesses — but they’re not the only risk facing the U.S. economy right now, said Mary Daly, president and chief executive of the Federal Reserve Bank of San Francisco. [more...] CNBC: China is ramping up its own chip industry amid a brewing tech war. That could hurt US firms
China is pushing ahead with the development of its own chip industry as major firms like Huawei face the threat of losing access to American technology. Experts say the world’s second-largest economy could still be at least a decade off from catching up with U.S. technology. [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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