http://marketaxe.com/wp-content/uploads/2020/11/nnews.jpg 0 0 admin http://marketaxe.com/wp-content/uploads/2020/11/nnews.jpg admin2019-06-28 09:12:382019-06-28 09:12:38Todays Markets
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.
Bloomberg: Stocks Slip Ahead of Key Trump-Xi Trade Meeting: Markets Wrap
Stocks in Asia slipped on below-average volumes Friday, ahead of the highly anticipated U.S.-China presidential meeting Saturday that could determine the next chapter in the trade war between the world’s two largest economies. [more...]
Bloomberg: Bitcoin Almost Wipes Out Its Mega Gain Just as Swiftly as It Came
Bitcoin’s rise was meteoric this week -- and its decline has been just as swift. It’s easy come, easy go in the crypto world, where a frenzy over Bitcoin pushed its price to nearly $14,000 on Wednesday, its highest level since January 2018. [more...]
Bloomberg: A $1,800 Drop in Minutes: Bitcoin Volatility on Full Display
This week’s jump in Bitcoin prices revived themes well known to the digital currency that inflated then burst less than two years ago. Among them: enormous volatility, and exchange overloads. [more...]
Bloomberg: Yuan Traders Look to Trump-Xi Meeting to Seal Currency's Course
Forecasters penciling in year-end projections for the yuan may want to keep their erasers handy this weekend. With the course of the U.S.-China trade war at stake, Saturday’s presidential meeting has the potential for major implications for exchange rates. [more...]
Bloomberg: Mortgage Rate Dips Again, Pointing to a Rise in Refinancing Risk
Thirty-year mortgage rates have fallen this week to their lowest levels since late 2016, handing cheaper borrowing costs to homeowners and greater risks to the money managers that invest in home loans. [more...]
Bloomberg: Haven Assets Needed. They Don't Even Need to Be That Safe.
Corporate debt, collateralized securities and even stocks may not sound like the sort of assets money managers would seek out for their haven qualities. Yet a slide in global bond yields is forcing investors to look outside of the usual refuges as they hunt for stable assets that provide at least a modicum of return. [more...]
Bloomberg: Another Victim of Brexit: The World's Fastest-Shrinking Stock Market
Brexit has claimed another victim: the U.K. stock market. Three years after the referendum to leave the European Union, the nation’s equity market is shrinking faster than any other major venue globally, according to Citigroup Inc. The reason? [more...]
Bloomberg: OPEC Keen to Extend Cut, Russia Is Circumspect: Reality Check
For an OPEC+ meeting in which the key decision over an output-cut extension is supposedly "in the bag," according to Saudi Arabia’s Energy Minister Khalid Al-Falih, Monday’s gathering in Vienna could be as closely watched as any during the three-year coalition. [more...]
Bloomberg: Dollar Downfall Has Just Begun for Some of Europe's Top Funds
With its longest rally in four years all but over, the dollar is falling out of favor with some of Europe’s bellwether funds. Amundi, the region’s biggest money manager, is betting the greenback is due for a correction as the Federal Reserve shifts toward more dovish policy. [more...]
Reuters: Trump talks trade at G20, China's Xi warns against protectionism
U.S. President Donald Trump made clear on Friday that trade was his top priority at a summit of leaders of Group of 20 nations, as China’s Xi Jinping warned against rising protectionism and India, Japan and Russia defended multilateral trade rules. [more...]
Reuters: EU leaders warn of damage to global growth from trade war
European Union leaders warned on Friday against the damage that escalating U.S.-China trade friction was inflicting on the global economy, as the Group of 20 economies began a two-day summit in Japan’s western city of Osaka. [more...]
CNBC: China wants a 'balanced' trade deal at summit, but the US isn't interested
With less than two days before a high-stakes meeting between President Donald Trump and Chinese President Xi Jinping, one of the key issues that will be discussed is getting a balanced deal. [more...]
CNBC: Asia stocks edge lower as investors watch for G-20 summit developments
Stocks in Asia Pacific dipped in Friday afternoon trade as investors watched for developments from the G-20 summit in Osaka, Japan, where U.S. President Donald Trump and Chinese President Xi Jinping are expected to meet amid the ongoing trade standoff. [more...]
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.
Leave a ReplyWant to join the discussion?
Feel free to contribute!