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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: Pound Falling to Parity Is an Idea That’s Starting to Take Hold
Suddenly, the idea of pound parity seems less far-fetched as the risk grows that Britain may split away from the European Union without a deal.Rupert Harrison, a fund manager at BlackRock Inc., is short the pound and sees the risk of it falling to trade level with the dollar on a no-deal Brexit. The view echoes Morgan Stanley’s recent forecast that the currency can plunge toward $1 on such an outcome. [more...]
Bloomberg: Europe Futures Rise, Asia Stocks Mixed; Yen Gains: Markets Wrap
European and U.S. futures rose, while stocks in Asia kicked off the week in a mixed fashion as holiday closures crimped volume and traders weighed the ongoing trade-war tensions. The yen advanced and Treasury futures were steady. [more...]
Bloomberg: The Dollar Looks Like a Wrecking Ball to Some Investors
Donald Trump gets the headlines, but he’s not the only one worried that the dollar’s remarkable ascent is causing economic harm. Some even worry it could trigger a recession. [more...]
Bloomberg: Jeffrey Epstein Found Dead in Jail Awaiting Sex-Crimes Trial
Jeffrey Epstein, the former financier accused of molesting teenage girls and sex trafficking, is dead. His apparent suicide in federal custody in New York prompted outrage among lawyers seeking justice for victims and set off a Department of Justice probe. [more...]
Bloomberg: China Is Saving Stimulus for Trade War Winter as Yuan Weakens
Chinese policy makers are holding back from rolling out the big guns of monetary stimulus, keeping options in reserve as the trade standoff with the U.S. risks morphing into a global currency war. [more...]
Bloomberg: Economy at Riskiest Point in a Decade, Lawrence Summers Says
The U.S. and world economies are at their riskiest moment since the global financial crisis a decade ago as trade tensions continue to grow, former Treasury Secretary Lawrence Summers said on Sunday. [more...]
Bloomberg: Clues for Brexit Future May Be Found on Islands Far, Far Away
There may be insights for the U.K. on leaving the European Union without a deal from a long time ago on the other side of the world. [more...]
Bloomberg: The World’s Wealthiest Family Gets $4 Million Richer Every Hour
The numbers are mind-boggling: $70,000 per minute, $4 million per hour, $100 million per day.
That’s how quickly the fortune of the Waltons, the clan behind Walmart Inc., has been growing since last year’s Bloomberg ranking of the world’s richest families. [more...]
Reuters: Asian shares inch up on China recovery, yuan fixing
Gains by Chinese equities and the yuan’s stronger-than-expected daily fixing helped lift a broad gauge of Asian shares above water on Monday, but firm gold prices underscored investor worries over risks from a prolonged Sino-U.S. trade war. [more...]
Reuters: Goldman Sachs economists say fears rise that U.S.-China trade war leading to recession
Goldman Sachs said on Sunday that fears of the U.S.-China trade war leading to a recession are increasing and that Goldman no longer expects a trade deal between the world’s two largest economies before the 2020 U.S. presidential election. [more...]
CNBC: China fixes yuan midpoint at 7.0211 on Monday — weaker than 7 for three consecutive sessions
The People’s Bank of China set the official midpoint reference for the yuan at 7.0211 per dollar on Monday — weaker than Friday’s session, but stronger than what market watchers predicted. [more...]
CNBC: Chinese stocks recover slightly, yuan continues to weaken on trade concerns
Mainland Chinese stocks bounced back slightly in early trade Monday morning, following a volatile week for global markets last week as growing trade war fears dented investor sentiment. [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.
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