Todays Markets
|
Economic Calendar
|
 |
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.
 |
|
Latest News Headlines
|
|
Bloomberg: Dollar Climbs in Asia After Fed; Stock Slide Eases: Markets Wrap
The dollar climbed in Asian trading after Federal Reserve Chairman Jerome Powell warned against expecting a lengthy U.S. monetary easing cycle. Stocks slid by less than seen on Wall Street, with Japanese shares in particular helped by the yen’s decline. [more...]
Bloomberg: Powell Says Fed Cut Not Start of Long Series, Drawing Trump’s Ire
Federal Reserve Chairman Jerome Powell said the first interest rate cut since the financial crisis was to “insure against downside risks” but didn’t signal the start of a lengthy easing cycle, drawing a sharp rebuke from President Donald Trump. [more...]
Bloomberg: U.S. Stocks Fall, Treasuries Mixed on Powell-Speak: Markets Wrap
U.S. equities fell the most in two months, while two-year Treasury yields rose as Jerome Powell dented hopes that the Federal Reserve is poised to continue easing after delivering the first interest-rate cut in over a decade. [more...]
Bloomberg: Oil Tankers’ Tracking Signals Are Vanishing in the Strait of Hormuz
Oil tanker owners are finding a way to reduce the risks of navigating the Strait of Hormuz, the world’s most important -- and lately most dangerous -- energy chokepoint: vanish from global tracking systems. [more...]
Bloomberg: History Points to Monthly Drop in August for Japan’s Stocks
Japan’s equity investors may want to take that holiday this month, if history is any guide. Foreigners were net sellers of Japanese stocks in August over the past nine years, according to Japan Exchange Group figures. That’s helped dragged the Topix index lower for the month in eight out of nine times. [more...]
Bloomberg: Gold Falls as Powell Comments Damp Bets on Aggressive Rate Cuts
Spot gold fell after traders viewed comments from Federal Reserve Chairman Jerome Powell as signaling the central bank likely won’t be aggressive in lowering U.S. interest rates further. [more...]
Bloomberg: Powell Smashes Yield Curve Flatter by Sowing Doubts on Rate Cuts
The flattening U.S. yield curve is signaling that bond traders aren’t as confident as Federal Reserve Chairman Jerome Powell that what he calls a “mid-cycle adjustment” in rates will be enough to keep the economy expanding. [more...]
Bloomberg: Brazil's Larger-Than-Expected Rate Cut Is a Sign of More to Come
Brazil’s central bank on Wednesday delivered its strongest message yet that it’s poised to pump more stimulus into an ailing economy after lowering its key rate by a half percentage point. [more...]
Bloomberg: New U.S. Oil Makes Inroads Into Asia as Buyers Plug Iranian Gap
A new grade of American light crude is making its way to oil-starved buyers in Asia, giving relief to some of the region’s biggest plastics makers as they seek alternatives to feedstock from Iran. [more...]
Bloomberg: Axa First-Half Earnings Miss Estimates on Hit From U.S. Spinoff
Axa SA’s shift away from life insurance has gotten off to a rocky start. The French financial giant’s first-half net income fell 19% to 2.33 billion euros ($2.5 billion) at constant currencies, missing analysts’ estimates of 2.86 billion euros. [more...]
Bloomberg: Goldman Asset Sees Rate Cuts Sustaining Rally in EM Bonds
The building blocks for a sustained rally in emerging-market bonds are in place as their central banks embark on a rate-cutting cycle, according to Goldman Sachs Asset Management. [more...]
Bloomberg: Dollar Bears and Trump Both Dealt Blows by Fed’s Hawkish Cut
With Jerome Powell downplaying the size and scope of future Federal Reserve rate cuts, the U.S. dollar looks poised to extend its 2019 rally. It’s yet another setback for bears and a move that’s certain to attract Donald Trump’s ire. [more...]
Reuters: Fed cuts interest rates, signals it may not need to do more
The Federal Reserve cut interest rates on Wednesday, but the head of the U.S. central bank said the move might not be the start of a lengthy campaign to shore up the economy against risks including global weakness. [more...]
Reuters: Asian shares stumble, dollar firms as Fed dampens bets on more rate cuts
Asian shares fell to six-week lows on Thursday while the dollar jumped to two-year highs as the U.S. Federal Reserve poured cold water on market expectations of a lengthy easing cycle following a 25 basis-point rate cut. [more...]
CNBC: Markets 'need to chill' because the Fed may not be done with rate cuts, says economist
The underlying message by the Federal Reserve — after it cut interest rates on Wednesday — may not be as hawkish as many investors had interpreted it to be, according to the chief economist of Institute of International Finance. [more...]
CNBC: The two words from Jerome Powell that rocked the financial markets
Stocks cratered, the dollar hit a more than two-year high and bond yields ripped higher after Fed Chairman Jerome Powell suggested that policymakers were not embarking on a new cycle of rate cutting, after it trimmed the fed funds rate by a quarter point Wednesday. [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.
Leave a Reply
Want to join the discussion?Feel free to contribute!